Report: Iraq to sell oil to Jordan at lower price

Iraq has agreed to sell Kirkuk crude oil to Jordan at a lower price in an amendment to a previous three-year deal, local daily Jordan Times reported on Tuesday.
Under the amendment, the discount of Kirkuk crude oil sold to Jordan will be 22 U.S. dollars per barrel instead of previous 18 dollars, Jordanian Minister of Energy and Mineral Resources Khaldun Qteishat was quoted as saying.
Iraqi Prime Minister Nuri al-Maliki paid a visit to Jordan in July, during which a memorandum of understanding signed in August 2006 was extended for three years from June 12, 2008, ensuring Jordan's 10 to 30 percent of daily oil needs at a discount of 18 dollars.
The discount announcement came hours after Jordan's King Abdullah II's Monday visit to Baghdad, during which he held talks with Iraqi Prime Minister Nuri al-Maliki and Vice President Adel Abdel Mahdi on both political and economic issues.
Abdullah's visit marked the first by a head of an Arab nation since the fall of Saddam Hussein in 2003.
Kirkuk, located 250 km north of Baghdad, is the center of petroleum industry in northern Iraq. It pumps up to one million barrels of oil a day, almost half of all Iraqi oil exports. 　
Source:Xinhua