Iraq And Jordan Indefinitely Postpone Oil Pipeline Project
Iraq and Jordan have decided to delay indefinitely theconstruction of an oil pipeline to transport Iraqi crude to Jordan. Low oilprices have forced both countries to cut back on their expenditures. Currently,Iraq delivers to Jordan 96,000 b/d of crude oil and products by some 1,500Jordanian trucks. A feasibility study for the $300mn pipeline, which would havecarried the crude oil from the Iraqi...