Iraq And Jordan Renew 1998 Oil Agreement
Iraq and Jordan on 15 February renewed the oil agreement which was originally concludedbetween them at the start of the Gulf crisis. It provides for the supply of Iraqi oil toJordan on a soft-term basis in return for Jordanian goods and services made available toIraq. Under the agreement Jordan in 1998 will import 4.8mn tons (96,000 b/d) of crude oiland petroleum products, compared to 4.5mn tons in 1997. Half the oil...