Jordan is waiting for the approval of Abadi to start implementing the oil pipeline with Iraq

by **RamblerNash** Tue Feb 20, 2018 1:31 am

Jordan is waiting for the approval of Abadi to start implementing the oil pipeline with Iraq

02/19/2018

Economy News _ Baghdad

Economy News Baghdad
reported Jordan "Tomorrow" newspaper, on Monday, that the oil line with Jordan is still awaiting the approval of Iraqi Prime Minister Haider al - Abadi on the wording of the implementation of the project within the Iraqi territory project.

The newspaper said in a report seen by "Economy News", "There are two options for the Iraqi government to implement the project; the first implementation through private investment (build the operation of ownership BOT), and the second (engineering and construction EPC) for the Iraqi government."

The source said that "the Iraqi prime minister will make a final decision in this regard during the next three weeks."

As for the project within the territory of Jordan, the newspaper said, "It is agreed and the start of implementation is related to the completion of approvals for the part of the territory of Iraq."

The paper added that "the Jordanian government will not bear any cost to implement the project; it will be implemented as a full investment by the International Diamond Company, which was referred to the project tender earlier."

http://economy-news.net/content.php?id=11182