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Aug 26 2007

Experts discuss mechanisms to protect consumers' interests regarding energy prices

AMMAN (Petra) - Industrialists and energy experts on Saturday examined means to arrive at appropriate energy prices as well as mechanisms to protect consumers' interests. During a workshop organised by the Jordan Consumer Protection Society in cooperation with the Jordan Cement Factories Company , Energy and Mineral Resources Minister Khalid Shraideh highlighted the need to make use of alternative and renewable sources of energy.

Due to pressures exerted on this sector, the ministry plans to set up an energy fund to extend subsidies and soft loans to energy projects and studies, the minister indicated. The fund will finance energy projects and studies to improve energy production in all fields, Shraideh said. Discussions also focused on the effects the rise of energy prices have had on cement prices.

© Jordan Times 2007

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