Weekly MENA Newsletter will be delivered to your email in PDF format every Friday (52 Issues per Year).
An Iraqi delegation visiting ‘Amman in early November was not only there to talk to the IMF (see p16), but also to talk to the Jordanians about the proposed new oil pipeline which is to run from Basra along the Saudi border.
This revised route has been in discussion following the collapse in security in Anbar last year. Whereas a previous pipeline had been planned to go through central Anbar and supply both Syria and Jordan, this new route would skirt the Saudi border and just barely enter into southwest Anbar before moving into Jordan (see map).
In addition to Finance Minister, Hoshiyar Zebari, the Iraqi delegation to ‘Amman also included Oil Minister ‘Adil ‘Abd al-Mahdi. Mr Zebari told the Jordan press that he was there to talk about the new project, which would cost $15bn to be built on a Build-Operate-Transfer (BOT) basis. (CONTINUED - 377 WORDS)