AMMAN — The value of the Kingdom’s
imports of crude oil and its derivatives rose by 61 percent during the first
ten months of this year compared to the same period last year, to reach JD2.99
billion, according to the Jordan Department of Statistics.
اضافة اعلان
In 2021, Jordan’s bill for crude oil and
derivatives stood at JD1.85 billion through the end of October, Hala News
reported.
The Kingdom imports more than 95% of its
energy needs, according to official data.
In November, Minister of Energy and Mineral
Resources Saleh Al-Kharabsheh said that Jordan had reached agreements on
diversifying sources of natural gas and long-term natural gas supplies.
The Kingdom’s current supply contracts, he
said, saved the treasury $1.2 billion during the first nine months of this
year.
What is more, Jordan produces about 29
percent of its internally generated electricity from renewable energy sources,
and seeks to reach 50 percent by 2030.
On the topic of gas exploration, he said
that efforts are ongoing to develop the Risha gas field in the eastern part of
the Kingdom, which the government had purchased earlier in November, raising
its capacity from the current 30 million cubic feet per day to 50 million cubic
feet by 2025, and 200 million cubic feet by 2030.
At the time, Kharabsheh said, the Ministry
of Energy was studying the benefits of distributing compressed natural gas and
liquefied natural gas, and conducting a study to map out a national program in
cooperation with the Ministry of Finance to support the delivery of natural gas
to cities and industrial clusters.
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