Iraqi oil exports to Jordan rise during the first half of 2024

Iraqi oil exports to Jordan increased during the first half of this year by 29% compared to the first half of last year 2023. SOMO said in a statistic published on its website that Iraqi oil exports to Jordan increased during the first half of this year by 29% to reach 2 million, 112 thousand, and 620 barrels compared to exports during the same period last year 2023, which amounted to 1 million, 496 thousand, and 258 barrels. SOMO indicated that Jordan imported about 3.8 million barrels of Iraqi oil during the past year under the agreement signed between the two parties, which was renewed during the middle of this year. Jordan agreed with Iraq in August of last year to increase imports from 10,000 to 15,000 barrels per month, thus increasing the quantity from 300,000 to 450,000 barrels, which covers about 10 percent of Jordan's crude oil needs. Source: National Iraqi News Agency