VOL. XL

No. 04

27-January-1997

IRAQ/JORDAN

Iraq And Jordan Renew 1997 Oil Agreement

Iraq and Jordan renewed on 20 January theevergreen oil agreement, originally concluded between the two countries at the start ofthe Gulf crisis, which provides for Iraqi oil supplies to Jordan on a soft-term basis inreturn for Jordanian goods and services made available to Iraq. The accord, signed inBaghdad, provides for Jordanian imports in 1997 of 4.5mn tons or 32mn barrels (88,000 b/d)of crude oil and...