Saudi Arabia, Kuwait and UAE agree to continue oil supplies to Jordan

Saudi Arabia, the United Arab Emirates (UAE) and Kuwait will continue supplying Jordan with oil for another three months, a senior official said.
"Jordan has reached an agreement with the three Arab Gulf countries to continue oil supplies," Energy and Mineral Resources Minister Mohammad Batayneh told. The three countries will continue providing Jordan with oil according to "comfortable financial arrangements," he explained.

The renewal agreement will go into effect on June 20, Kuwaiti officials were saying. The three countries will supply Jordan with an estimated 120,000 bpd.
After Iraqi oil supplies came to a total halt in the aftermath of the US-UK war on the oil-rich country, Jordan had to rely on Arab Gulf countries to ensure a continuous flow of oil. The eastern neighbour used to supply Jordan with oil for nearly 13 years under preferential terms.

A senior official at energy sector said Iraq will continue to be Jordan's "strategic option" when it comes to oil supply.
"We are waiting for a legitimate government to be formed in Iraq to discuss the oil protocol it has with Jordan," said the official.
According to such protocol, Iraq supplied Jordan with 5.5 mm tpy of crude oil. The Kingdom's daily need of oil is estimated at 90,000 barrels.