Iraq’s cabinet approved a plan to build a pipeline to send the output of oil fields in Rumaila to Aqaba in Jordan, according to a Wednesday statement from the country’s oil ministry.  The pipeline will have a capacity of 1 million b/d. The project was approved by the Jordanian government in 2018, but details about the pipeline have been scarce. A source close to the Iraqi ministry told S&P Global Platts that finding financiers for the pipeline has been a struggle. Iraq has been searching for ways to diversify its export routes, but even though Jordan is a willing participant, a pipeline will not be straightforward to build. Rumaila is located in Iraq’s south, which means the pipeline will need to traverse several Iraqi provinces in order to reach Jordan. Although Iraq has largely quashed […]