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|06 February, 2018

Jordan's cabinet approves framework agreement for Basra-Aqaba oil pipeline

The project aims to export Iraqi oil with the pipe line passing through Jordan

Image used for illustrative purpose. A view of Mexico's national oil company Pemex's refinery in Salamanca, in Guanajuato state, Mexico, in this February 8, 2016 file photo.

Image used for illustrative purpose. A view of Mexico's national oil company Pemex's refinery in Salamanca, in Guanajuato state, Mexico, in this February 8, 2016 file photo.

REUTERS/Edgard Garrido

AMMAN — The Cabinet on Monday approved the framework agreement for the Basra-Aqaba oil pipeline that will be signed between the Ministry of Energy and the Iraqi Oil Ministry.

The project aims to export Iraqi oil with the pipe line passing through Jordan while supplying the Kingdom with some of its oil needs, the Jordan News Agency, Petra, reported.

Also on Monday, the government approved accrediting the list of Jordanian contractors within the consortium of bidders of Amman-Zarqa Bus rapid transit project.

The list included 13 companies and institutions to implement all parts of the project including buildings, bridges and supervision.

The Cabinet has decided to implement the project through financial leasing from the Social Security Corporation and by the Ministry of Public Works and Housing.

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