Jun 13 2011 |
more articles from
|
Jordan to receive Egypt gas at full capacity by month end
By By Taylor Luck AMMAN - Jordan is expected to receive natural gas supplies from Egypt at full capacity by the end of the month, an official said.Egypt resumed the supplies to the Kingdom on Friday as part of a new agreement between Cairo and Amman.
According to the National Electric Power Company ( NEPCO ), 70 million cubic feet of natural gas have reached the Kingdom over the last two days, alleviating pressure on power plants that have been running on diesel and fuel reserves since an April 27 attack on the Arab Gas Pipeline disrupted the supply.
The resumption of Egyptian gas comes ahead of the signing of a deal struck between the two sides last week amending a 12-year favourable pricing agreement under which Jordan received gas at less than half the international market price.
April's attack on the Arab Gas Pipeline marked the second in less than three months and forced the Kingdom's power plants onto diesel and heavy oil reserves at an estimated cost of $3 million per day.
Also yesterday, Minister of Energy and Mineral Resources Khaled Toukan received "promising" preliminary results of a geological survey of Al Rishah gas fields.
According to the survey's results, British Petroleum will proceed with drilling the first exploration wells under the project, which aims to boost production from the gas fields from 330 million cubic feet to some one billion cubic feet per day.
© Jordan Times 2011
Zawya Comment Policy
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Copyright © 2012 Zawya Ltd. All rights reserved. |
provided by www.zawya.com |
Post Your Comment