British firm to explore for oil in imports-dependent Jordan
British firm Southern Procurement Services has won a tender to explore for oil and gas in imports-dependent Jordan, AFP reported Tuesday (July 2nd).
Energy Minister Hala Zawati said the work would be carried in al-Azraq, north-east Jordan, and in the northern region of al-Sarhan.
According to the Jordanian news agency, Petra, the minister said the government would ratify a formal accord following partnership negotiations with the British company.
Jordan imports 98% of its energy needs and consumes 134,000 barrels of oil a day, mostly imported from Saudi Arabia.
Amman has in recent years established incentives for foreign companies to engage in oil exploration in the kingdom.