Jul 13 2011 |
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Jordan Issues JOD100M T-Bills To Pay For Pwr Gen Fuels -Report
Wednesday, Jul 13, 2011
BEIRUT (Zawya Dow Jones)--The Jordanian government issued Monday treasury bills worth 100 million Jordanian dinars ($140.7 million) to help the state-owned National Electric Power Co., or Nepco , pay for purchases of oil and oil derivatives that are used in power generation, Amman-based Al Rai daily reports Wednesday citing an executive.
Nepco has paid part of the funds to local power generation companies and the other part to Jordan Petroleum Refinery Co. , Ghaleb Maabreh, Nepco 's director general, told Al Rai.
This decision was one of the measures taken by the government last week following the third attack on a pipeline in the Sinai Peninsula that carries Egyptian natural gas to Jordan, the paper says.
-By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com
(END) Dow Jones Newswires
13-07-11 0949GMT
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