OIL AND GAS

‘Jordan will not be storing Israeli gas’September 19, 2018

Jordan’s imports of natural gas from Israel will be used for daily production of electricity and will not be stored, Amani Azzam, secretary general of the Ministry of Energy and Mineral Resources, said on Tuesday.

Under a deal between Jordan and Noble Energy, the Kingdom will import around 8.5 million cubic metres of natural gas from Israel every day, according to Azzam, who said the gas will be supplied through a pipeline.

Jordan’s"...

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UPR report launched, ready for discussion in GenevaSeptember 18, 2018

The government’s Universal Periodic Review of Human Rights (UPR) was released on Monday which listed a number of improvements in human rights witnessed in Jordan during the past four years, primarily the mandatory quota in jobs allocated for the persons with disability.

The UPR, which is a review of the human rights records of all UN member states, is conducted every four and a half years by the UN member states on a national level, and then"...

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Government authorises two new oil marketing companiesSeptember 10, 2018

The Ministry of Energy and Mineral Resources announced on Sunday the licencing of two new companies to market oil derivatives in the Kingdom, the Jordan News Agency, Petra, reported.

Minister of Energy and Mineral Resources, Hala Zawati said in a press statement that the decision was made to support restructuring of the oil sector, and to open it to competition after the licencing of three marketing companies (Jordan Modern Oil and Fuel Services"...

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Kuwait-funded USD 65.5 mln gas plant boosts Jordan's energy securitySeptember 9, 2018

A liquefied natural gas (LNG) port worth USD 65.5 million funded by Kuwait is among the most superlative projects the Gulf state has undertaken in Jordan, with the aim of providing Amman with diverse energy sources. As a testament to the camaraderie both nations have long enjoyed, Jordan's king Abdullah II has christened the gas terminal, which has increased the Hashemite Kingdom's dependence on gas for electric power by 90 percent, after Kuwait's leader His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah....

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Fuel price item on bills not a tax, may increase or decrease — energy ministerSeptember 8, 2018

The fuel price difference item received on electricity bills is not a tax, and is subject to increase or decrease depending on the price of liquefied natural gas linked to international oil prices, Energy Minister Hala Zawati said on Thursday.

During a visit to the Irbid District Electricity Company, Zawati said that 93 per cent of the fuel used to produce electricity depends on liquefied natural gas, whose price witnessed hikes due to price increases"...

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Agreement expands Madouneh liquefied gas storage capacitySeptember 5, 2018

The Jordan logistics company for oil facilities and the consortium of OHL Industrial and MID Contracting Company on Tuesday signed a contract addendum to build three additional reservoirs for liquefied gas in Madouneh with a value of $30.6 million.

The agreement, signed in the presence of Energy Minister Hala Zawati, aims at expanding the capacity of the stored quantities of oil derivatives in Madouneh, which is financed by an Emirati grant of $220"...

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Egypt, Jordan to ink new gas export dealSeptember 4, 2018

The Egyptian petroleum ministry will sign a new agreement with Jordan to export natural gas to the Jordanian power plants by the end of this year.

The deal aims at exporting approximately 250 million cubic feet of Egyptian gas per day to Jordan prior to the end of 2018, Jordanian newspaper​ Al Masdar reported, citing an official source at the ministry.

Both parties are"...

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cippe2019 to Feature 8 Oil & Gas Categories August 30, 2018

From March 27 to 29, 2019, the 19th China International Petroleum & Petrochemical Technology and Equipment Exhibition (cippe2019) will be held at the New China International Exhibition Center·Beijing. cippe2019 will continue to invite the world’s oil giants to showcase the latest oil equipment and technologies to the professional buyers from all over the world, and discuss the prospects of the oil and gas industry with industry experts and business representatives.

8"...

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Gas prices rise slightly in month of August August 28, 2018

The Ministry of Energy and Mineral Resources on Monday said that the price of gasoline during the fourth week of August was “almost stable” compared with the third week.

The price of one tonne of unleaded 90-octane gasoline saw a slight increase from $695.5 in the third week to $697.7 in the following week, the ministry said, as reported by the Jordan News Agency, Petra.

Diesel"...

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Beaconmedæs Introduces New ISO Standard Area Valve Box for Medical Gas Pipeline SystemsAugust 27, 2018

BeaconMedaes, Part of the Atlas Copco Group, pleased to launch a new Area Valve Box for medical gas pipeline systems

The ISO Area Valve Box has been designed in accordance to the ISO 7396-1 standard where all clinical areas must be individually monitored per guidelines.

The purpose of the unit is to provide fast access to the"...

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