Jordanian Minister of Energy, Mineral Resources and Transport Alaa Al Batayneh has denied the halt of the Egyptian gas pumping to his country, stressing that pumping is continuing within the normal rates. In a statement to reporters Al Batayneh said the pumped quantities come in implementation of the existing agreement signed between the two countries in 2004 and renewed in 2011, adding that under the terms of the agreement Egypt supplies Jordan with about 250 million cubic feet of gas per day to generate electricity. Official data in Jordan indicate that Amman imported in 2011 about 97% of its energy needs at a cost of about USD 5 billion accounting for about 20% of the Gross Domestic Product (GDP). As per the agreement signed between the two parties in 2011, the Egyptian government amended the gas selling prices to Jordan in line with the global gas sale prices in The Jordanian Ministry of Energy is currently working to build a liquefied natural gas (LNG) berth in Aqaba in order to enable Jordanimport LNG by tankers from the global market. This strategy aims to diversify the supply sources of natural gas.
GMT 18:36 2017 Tuesday ,26 December
Scenting a recovery, oil producers ratchet up spendingGMT 20:43 2017 Monday ,25 December
Oil markets will witness balance in 2018: Iraqi Oil MinisterGMT 16:17 2017 Sunday ,24 December
Iraq invites bids for new oil pipelineGMT 14:26 2017 Friday ,22 December
Energy prices bump key US inflation index up in NovemberGMT 17:59 2017 Tuesday ,19 December
Japan trade surplus drops sharply on higher oil importsGMT 17:31 2017 Thursday ,14 December
Energy costs push US consumer inflation higher as Fed meetsGMT 15:30 2017 Wednesday ,29 November
Shell resumes all-cash dividend as oil price recoversGMT 13:22 2017 Sunday ,26 November
Chinese demand teaser to weigh on Vienna oil summit
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor