Egypt gas woes to cost Jordan $1bn
Pipeline attacks could cost Jordan $1bn in alternative fuel
Fluctuations in gas supplies from Egypt could cost Jordan up to $1bn by the end of the year, the Jordan Times has reported.
The Kingdom has had to turn to diesel and heavy fuel for electricity generation after a series of attacks left gas pipelines and terminals in Egypt out of action, although gas is now being pumped to the country at a rate of 80 million cubic feet per day. However, the contract is for 250 million cubic feet per day, and Jordan’s energy minister, Khaled Toukan, has said that the Kingdom would be forced to continue relying on diesel and heavy fuel to make up losses.