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Jordan's Senate President Faisal Fayez and Iraqi Parliament Speaker Haibat Al-Sudani met on June 8th to discuss advancing the long-stalled Basra-Aqaba oil pipeline and broader bilateral energy cooperation, with Fayez stressing the project's "strategic importance" for economic cooperation and bilateral ties. The $4.6-9 billion pipeline would run from Iraq's southern Basra fields through Haditha and along the Saudi-Iraqi border into Jordan, terminating at the Red Sea port of Aqaba. This would provide Iraq with a Hormuz-independent export route capable of delivering up to 1 million bpd. The project has been under discussion since 1983 and formally approved by the Iraqi cabinet in 2022, but has remained stalled due to financing gaps, security concerns, and competing priorities.

Iraq and Jordan Revive Basra-Aqaba Pipeline Talks as Hormuz Closure Forces Export Diversification

Jordan’s Senate President Faisal Fayez and Iraqi Parliament Speaker Haibat Al-Sudani met on June 8th to discuss advancing the long-stalled Basra-Aqaba oil pipeline and broader bilateral energy cooperation, with Fayez stressing the project’s “strategic importance” for economic cooperation and bilateral ties. The $4.6-9 billion pipeline would run from Iraq’s southern Basra fields through Haditha and along the Saudi-Iraqi border into Jordan, terminating at the Red Sea port of Aqaba. This would provide Iraq with a Hormuz-independent export route capable of delivering up to 1 million bpd. The project has been under discussion since 1983 and formally approved by the Iraqi cabinet in 2022, but has remained stalled due to financing gaps, security concerns, and competing priorities.

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