Iraq, one of the world's largest oil producers with a daily output of around 4.3mn barrels, is planning to pump around 1mn barrels per day via a pipeline to Jordan's only port, Aqaba, on the Red Sea.
“The plan for the project is in place, and we're going to go ahead with it. We need another outlet for crude oil,” Ali Nazar Faeq Al Shatari, deputy director general of Iraq's State Oil Marketing Organization (SOMO) told The National.
Much of the oil would be earmarked for Jordan's upcoming refinery at Zarqa, and then used for domestic purposes, with the remainder exported to international markets.
Presently much of Iraq's oil is exported through its major terminal in Basra, in the south of the country.
Last week, Iraq's Minister of Oil, Jabar Al Luaibi revealed that scores of bids had been received to build a 350km section of pipeline in the north, linking the Kirkuk oilfields with the strategic Ceyhan terminal in Turkey.
At the end of last year, Iraq's State Company for Oil Projects, invited bids for the first phase of the scheme which would link Basra to an energy station at Najaf.
Iraq is also currently ramping up its daily production with a target of 6.5mn barrels by 2022.