Jordan's fuel imports rose by 61% through October 2022

(File photo: Ameer Khalifeh/Jordan News)
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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