National Petroleum Company to sell gas from Risha to industrial sector

NPC National Petroleum Company
National Petroleum Company. (File photo: Jordan News)
AMMAN — The general manager of the National Petroleum Company, Mohammed Al-Khasawneh, confirmed that they have signed agreements with three local companies to convert the extracted gas from the Risha field into compressed or liquefied gas and transport it to supply the industrial sector starting from the end of next month. اضافة اعلان

Khasawneh said that the first phase of supply which will commence next month will be a trial phase for transporting and selling liquefied natural gas to the industrial sector. The second phase will be by the end of the current year. Meanwhile, the other companies will start implementing their operations in 2024 with an estimated investment of around JD100 million, Jo24 News reported.

Khasawneh explained that the sales to the industrial sector will be at low prices and will contribute to reducing operational costs for factories and companies. Selling to the private sector will increase the company's revenues and thus enhance its operational capabilities. He noted that the current sales are limited and estimated at around 17 to 20 million cubic feet per day to the Risha Power Plant.

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