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Iraq to resume 10k daily oil barrel export to Jordan after price crash hiatus
[Rudaw] Iraq will resume its export of 10,000 barrels of oil from Kirkuk fields to Jordan in the next few days, the energy minister in Amman has said, as global oil prices begin to rise from collapse.Iraq halted supply of Kirkuk's oil to Jordan in May, according to an Iraqi oil ministry monthly statement, after prices fell to less than $20 per barrel during the global price collapse earlier this year. The price plummet made export to Jordan - which required more than 200 oil tankers - too costly to continue. The 10,000 Iraqi barrels "makes up seven percent of our daily consumption," Jordan energy minister Hala Zawati said. Posted by: trailing wife 2020-07-09 |
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