Jordanian Cabinet Okays Oil Shale Project
Amman, Ramadan 1, 1435, Jun 29, 2014, SPA -- The Jordanian Council of Ministers on Sunday endorsed all agreements prepared by the national electricity company with an Estonian company that will carry out a mega oil shale energy project in Jordan.
Jordanian Minister of Energy and Mineral Resources Mohammad Hamed briefed the cabinet on the project to produce electricity through direct burning of oil shale.
The ministers were updated on the progress of work while the Mining and Energy Regulatory Commission gave the go-ahead for signing the deal with the Estonian firm and start the $2.4 billion project, which will be the largest oil shale venture in the region and the world, Jordan News Agency (Petra) reported.
--SPA