• Short Summary

    Jordanian Government representatives held a second meeting in Amman on Wednesday (February 24) with officials of the Trans-Arabian Pipeline Company over the fees paid to Jordan.

  • Description

    Jordanian Government representatives held a second meeting in Amman on Wednesday (February 24) with officials of the Trans-Arabian Pipeline Company over the fees paid to Jordan. The American-owned company, known as Tapline, is reported to have agreed to increase the fees to Jordan for the right to run the pipeline across the country. The pipeline carries crude oil from Saudi Arabia through Jordan and Syria to the terminal of Zahrani in Lebanon.

    A final agreement is expected to be signed in a few days. The Jordanian Finance Minister, Mr. Ahmed Al-Louzi, said on Saturday (February 21) that Tapline would increase its payment to Jordan from four million dollars to about eight million dollars (about GBP1.6 million to GBP3.3 million) annually.

    The pipeline was ruptured in Syria by a bulldozer in May last year and Syria refused the company permission to repair the line until it increased payments to the Damascus government. Pumping resumed in January after an agreement which almost doubled the company's fees.

  • Tags

  • Data

    Film ID:
    VLVAA48IKJR6TMWJSJD7Z1OT3G9QD
    Media URN:
    VLVAA48IKJR6TMWJSJD7Z1OT3G9QD
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    25/02/1971
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:00:55:00
    Time in/Out:
    /
    Canister:
    N/A

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