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Tomorrow's Jordan: good news from Iraq agreeing to build a pipeline to transport crude oil to Jordan and export of natural gas  DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Tomorrow's Jordan: good news from Iraq agreeing to build a pipeline to transport crude oil to Jordan and export of natural gas

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Tomorrow's Jordan: good news from Iraq agreeing to build a pipeline to transport crude oil to Jordan and export of natural gas  Empty Tomorrow's Jordan: good news from Iraq agreeing to build a pipeline to transport crude oil to Jordan and export of natural gas

Post by ADMIN on Sat Jun 16, 2012 2:53 pm

Tomorrow's Jordan: good news from Iraq agreeing to build a pipeline to transport crude oil to Jordan and export of natural gas

2012-06-16 11:54:42


Baghdad (IBA) news on the energy and oil sectors for more than a year was bad for Jordan, Jordanians, they don't assume only doomsayers, and more from the budget deficit and in the habit of raising prices.

Frequent Egyptian gas over a billion deficit level and a half billion dinars. High world oil prices has increased the value of support, and last but not least the inability to finance petroleum refinery of crude oil imports Kingdom, which portends a potential energy crisis, an official source said in the refinery for tomorrow yesterday.

But, amid this torrent of disastrous news and developments, brought from Iraq good news yesterday, may help to modify the mood, and officials hope the Jordanians with improved even in the medium term.

News reports from news agencies in Baghdad by Iraqi Government spokesman Ali al-Dabbagh, stating that the Iraqi Government agreed to build a pipeline to transport crude oil from Iraq to Jordan, and export natural gas via Jordanian territory and to provide Jordan with its crude oil and natural gas, LPG and fuel oil. He said Dabbagh, Iraqi Cabinet authorized the Minister of oil sign a memorandum of understanding with the Jordanian side.

Of course there are lots of questions about how to create such a font, and prices that will get Jordan under which oil and gas and other technical details. But in any case a project if done safe source of oil and gas avoids volatility arbitrage, and at the same time provides an alternative strategic stops gas which we don't know.

Politically and economically, give the project a strategic dimension of relations between the two countries almost lost in recent years, political transformations occurred in Iraq. The resolution gives a strong indication of improved relations with the Government of Nouri al-Maliki have tense and chilled in recent years, Jordan insists the draft tube, every Jordanian officials visits to Baghdad were present at the meetings agenda topic. However, the internal conditions of Iraq and the strained relationship between the Maliki government and the States in the region disrupted the Arab cooperation projects.

After the approval of the Iraqi Government to project, on the Jordanian side to move quickly to complete the necessary steps to move forward in building the pipeline, as a national priority and unbearable procrastination procrastination.

There is undoubtedly a long procedure, and rounds of talks on the details of the logistic, technical and financial might take more than a year, but it is important to start quickly, so as not to face several years after the difficult situation we face today because of the slowdown in the creation of an alternate for Egyptian gas.

Perhaps there is also a need to review the overall relations with Iraq, and purification of the atmosphere of mutual suspicion, so as not to suffer a setback in the future crash draft tube.

We have in this area to maintain balance in our alliances and our relationship Arabic and the Supreme National interest above all else.

Jordan was not in harmony with the political regime of Saddam Hussein, but economic relations have maintained momentum in spite of the successive crises. The same approach is still valid between the two countries, the economy today to lead cart policy forward, just as in alliances and international conflicts revolving around oil and gas lines (finally)




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