Iraq and Jordan agreed to accelerate the Basra-Aqaba oil pipeline project to diversify Iraq's oil exports.
4 reports, 3 independent
Updated Oct 20
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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
Related events
- Potential oil transit routes are being discussed, including a branch pipeline from Syria to Tripoli and a proposal for oil transit from Lebanon to Iraq.
- Iraq called for regional cooperation to combat terrorism, while Egypt and the Emirates expressed solidarity with Jordan against violence.
- Egypt and Iraq reaffirmed their close bilateral relations, with El-Sisi meeting Ammar al-Hakim.
- Jordanian authorities are currently dealing with Iranian-backed drug smuggling threats along the border with southern Syria, amidst ongoing regional instability.
- Deepening ties between Türkiye, Iraq, and Syria across security, energy, trade, and infrastructure sectors.