10 Apr 2013

Jordan, Iraq sign oil-gas pipeline deal: state media

An Iraqi official said on Tuesday Amman and Baghdad have signed a deal to extend an $18-billion pipeline to the Red Sea city of Aqaba to export crude and supply Jordan with oil and gas. "The two countries have signed an agreement to build a 1,700-kilometre (1,056 miles) pipeline from Basra to Aqaba," Nihad Musa, director of State Company for Oil Projects, told Jordan's official news agency Petra in Amman. "The designs and technical studies, which are currently being conducted by a Canadian company, are scheduled to be done by the end of this year." Read more…

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