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2014-03-05 16:38:00

JORDAN'S ENERGY SECTOR IN 1918

JORDAN'S ENERGY SECTOR IN 1918

Jordan's energy sector will start to reap the fruits of multibillion-dollar projects that entail producing oil locally and generating electricity using clean techniques.

Jordan, which currently imports about 96 per cent of its energy needs costing annually about 20 per cent of the gross domestic product, will not only be able to fulfil its energy needs but will also be capable of exporting energy when a series of energy projects in different areas go operational in 2018.

Oil shale

Production of oil from oil shale in Jordan is expected to start in 2018, initially in small quantities, but will rise gradually every year to reach significant quantities by early 2020.

 

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Tags: JORDAN, OIL, GAS
Chronicle:
JORDAN'S ENERGY SECTOR IN 1918
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2020, December, 3, 12:00:00
OIL PRICE: NOT ABOVE $49
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2020, December, 3, 11:55:00
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2020, December, 3, 11:50:00
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JORDAN'S ENERGY SECTOR IN 1918
2020, December, 3, 11:45:00
U.S. OIL INVENTORIES DOWN 0.7 MB TO 488.0 MB
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