OIL AND GAS

King Hussein Foundation goes solar January 21, 2017

The King Hussein Foundation (KHF) on Thursday inaugurated its solar farm with a 750 kilowatt peak (kWp) capacity to serve the foundation’s facilities.

Located in the capital’s northern Shafa Badran area, the photovoltaic wheeling project, which was launched under the patronage of Her Majesty Queen Noor, is part of the foundation’s commitment to sustainable development and the national efforts to enhance the role of renewable energy.

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NEPCO signs deals for two phases of Green Corridor project January 21, 2017

The National Electric Power Company (NEPCO) on Thursday signed two agreements to implement two phases of the Green Corridor project to transfer power generated in the southern Kingdom to the load centre.

NEPCO Director General Abdel Fattah Daradkeh said the project comprises three phases, expecting the tender of the third phase to be floated within the following two weeks, the Jordan News Agency, Petra, reported.

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Funding deal for Jordan’s biggest solar plant January 18, 2017

The International Finance Corporation is to oversee the funding of what will be the largest solar plant in Jordan.

The World Bank company has been appointed by UAE renewables firm Masdar, whose subsidiary Baynouna Solar Energy Company is developing the 200 MW project.

The deal was signed at Abu Dhabi Sustainability Week today and follows a power purchase agreement sealed in October between Masdar and Jordan’s state electricity provider National Electric Power Company.

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Jordan Imported Over 5bn m³ of LNG in 2016 January 9, 2017

Jordan imported 8.6mn m³ of LNG cargoes at -160 deg C, official Petra News Agency reported January 8 citing government data.

That represents the regasified equivalent of 5.2bn m³ during 2016 imported into Jordan. Of that, about 0.67bn m³ of LNG was then exported to Egypt.

The fuel was imported via the floating LNG terminal at Aqaba, which became operational in"...

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Jordan sold Egypt 670m cubic meters of LNG in 2016 January 8, 2017

The Jordanian ministry of energy and mineral resources said on Sunday that the amount of liquefied natural gas (LNG) exported to Egypt totalled 670 million cubic meters, according to Petra News Agency.

According to the ministry, 40 LNG shipments to Egypt went to the national electricity company, while another eight were to the Egyptian Natural Gas Holding Company (EGAS).

On"...

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Kerui Petroleum Tops “50 Best Chinese Enterprises 2016 in Petroleum & Petrochemical Equipment Manufacturing Industry”January 4, 2017

Kerui Petroleum, a fast-growing global energy equipment and services provider, is pleased to announce that the company was ranked the first on the list of “50 Best Chinese Enterprises 2016 in Petroleum & Petrochemical Equipment Manufacturing Industry” which was unveiled on November 2, 2016 by China Petroleum and Petrochemical Equipment Industry Association (CPEIA) on the sidelines of 2016 China Unconventional Oil & Gas Conference held in China’s southwestern city - Chengdu. Kerui’s two pioneering products"...

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‘NEPCO to cover electricity needs of Red-Dead project’ January 3, 2017

AMMAN — The Water Ministry/Jordan Valley Authority (JVA) and the National Electric Power Company (NEPCO) on Sunday signed a memorandum of understanding to provide the Red Sea-Dead Sea Water Conveyance Project (Red-Dead) with power for water desalination and pumping.

JVA Secretary General Saad Abu Hammour and NEPCO Director General Abdel Fattah Daradkeh signed the memo, the Jordan News Agency, Petra, reported.

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Gov’t raises fuel prices by over 6% January 2, 2017

The government on Saturday decided to raise the prices of gasoline, kerosene and diesel by over 6 per cent, and to maintain the price of gas cylinders unchanged for January.

The government’s decision, which goes into effect today, was taken in accordance with the recommendations of the fuel pricing committee, which convened on Saturday, the Jordan News Agency, Petra, reported.

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Amman, Baghdad move closer, with oil pipeline at centre stageDecember 26, 2016

Minister of Industry, Trade and Supply Yarub Qudah on Monday met with Iraqi Prime Minister Haider Al Abadi in Baghdad, the Jordan News Agency, Petra, reported.

Qudah presented a letter to Abadi from Prime Minister Hani Mulki relating to the development of closer ties between Jordan and Iraq, especially in the economic and commercial fields, in addition to reiterating Jordan's support for Iraq’s fight against Daesh.

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