Iraq and Jordan agreed to accelerate the Basra-Aqaba oil pipeline project to diversify Iraq's oil exports.
1 report, 1 independent
Updated Jul 3
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What happened
Iraq and Jordan agreed to accelerate the Basra-Aqaba oil pipeline project to diversify Iraq's oil exports.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Iraq requires the Kirkuk–Ceyhan pipeline to Türkiye and the Basra-Aqaba oil pipeline to ensure alternative export routes, relying on southern Gulf terminals.Also in this story
- Iraq is transporting crude oil via pipeline.
- Potential gas pipeline projects are being considered to connect energy supply centers of GCC states, including utilizing Fujairah, to markets like Turkey.
- Oil majors, including TotalEnergies and ExxonMobil, are committing billions to projects in Basra and Kirkuk due to economic crises in Iraq.
The entities involved
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Iraq
sovereign state in Western Asia
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Amman
capital of Jordan
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Basra
capital of Basra Governorate, in southern Iraq
Nothing else this week.
Related events
- The new event describes the context of pipeline construction during the Iran-Iraq war, involving Houthis and Iraq.
- Drones launched from Iraq targeted an oil pipeline belonging to Saudi Arabia.
- The Iraq Petroleum Company, built in the 1950s, is involved in pipeline projects connecting Basra oilfields to Baniyas, with exploration underway for a revival of the route to Kirkuk.
- Egypt, Jordan, and Iraq are advancing trilateral cooperation aimed at stabilizing Gaza and improving aid delivery, with Egypt supporting Hashemite Custodianship over holy sites.
- Amid the Hormuz blockade, the US is pushing for high-level oil pipeline deals to route Iraqi commodity imports through Syrian ports.