Kodak Case Study

Kodak Case Study

Increased violence in western Iraq has prevented Iraq from resuming oil exports to Jordan. The minister in Iraq had claimed that they had agreed to resume exports to Jordan however; both countries have found it impossible to carry out the deal due to increased violence. Drivers who were assigned to ship crude oil through tankers could not make the trip and were stalled because of the violence in that area. Under Saddam Hussein a fleet of more than 300,000 tankers exported up to 10,000 barrels of oil a day to Jordan. Earlier reports have speculated that due to political pressure Iraq was not interested in the deal with Jordan. Iraq is waiting of implementing a security tactic in order to resume the exports with Jordan. Oil is the major export for Iraq and is a major factor in keeping the economy running. They have already seen lower exports of oil in the past few years because of the ongoing war within the country. There have been several attacks on Iraqi pipelines by terrorists as well in order to halt Iraq's economy. Since there are no special forces that guard the Iraqi pipelines against attacks Iraq is working on implementing a security strategy to export more oil and hopefully execute the deal with Jordan. Exporting to Jordan will also help Iraq build better relations with Jordan and will bring in more revenue to Iraq's economy. Losing 10,000 barrels of oil exports a day