Petra - First to know

Relatively cloudy
Amman
18°C
Dark Mode Light Mode
Today’s Breaking News
rows
العربية

Relatively cloudy

Amman

18°C

  • Search
  • News Archive
  • Week’s News
  • Sitemap
The Jordan News Agency
The Jordan News Agency
Today’s Breaking News
AR
  • General Bulletin
  • Business & Economy
  • Local News
  • Governorates
  • World News
  • Photo Albums
  • About Petra
    1. News Archive
    2. Week’s News
    3. Sitemap
| rows
  • King meets with Iraq PM

  • King receives call from Oman sultan

  • Government press conference details arrests of those involved in terrorist attack in Karak

  • Jordan, Iraq Sign Nine Agreements to Improve Cooperation

Preparing print…

Business & Economy

  1. Home Page
  2. Business & Economy
  3. New Aqaba gas stations shield Jordan from global energy market shocks: Expert

New Aqaba gas stations shield Jordan from global energy market shocks: Expert

26/07/2026 | 19:10:36

  • site.twitter
  • site.copy
  • site.share
  • site.print
  • site.TextAa
  • site.TextAa
New Aqaba gas stations shield Jordan from global energy market shocks: Expert

Amman, July 26 (Petra) - Prime Minister Jafar Hassan inaugurated two natural gas stations in Aqaba on Sunday, advancing a government strategy to reduce energy costs in industrial cities and zones across Jordan by 35% to 60%.

Energy expert Hashem Aqel told Petra the stations will cut power generation costs by securing flexible, long-term gas supplies. This reduces reliance on pricier, higher-emission liquid fuels, shielding the National Electric Power Company (NEPCO) from the heavy financial strains it faced during past Egyptian gas disruptions.

The overall initiative includes exempting liquefied natural gas (LNG) shipments from fees and replacing the current floating storage and regasification unit (FSRU) with a lower-cost, 10-year lease-to-own vessel.

To ensure long-term energy security, Jordan is developing a permanent onshore regasification terminal with a capacity of 700 million cubic feet per day.

The project will make the Kingdom’s gas network more resilient, according to Aql, allowing Jordan to better manage supply scenarios, power domestic grids, and expand regional energy cooperation.

Aql pointed to Jordan’s ability to import, regasify, and send natural gas to Syria through the Arab Gas Pipeline, with similar plans under review for Lebanon. He emphasized, however, that the "local market comes first." Backed by the Qatar Fund for Development, the initiative diversifies Amman’s energy sources, protecting the country from global market swings and political supply cuts, according to Aql.

The prime minister inaugurated a natural gas station in Quweira Industrial City, built at a cost of approximately JD8 million with an initial capacity of 30,000 cubic meters per day that can be expanded to 90,000 cubic meters per day.

He inaugurated a second natural gas station in Aqaba's Southern Industrial Zone, completed in about 10 months at a cost of JD3.5 million, several months ahead of the original 18-month construction schedule. The project followed the laying of its foundation stone by the prime minister in September last year.

//Petra// HA

  • site.twitter
  • site.copy
  • site.share
  • site.print
  • site.TextAa
  • site.TextAa

Topics:

  • Business & Economy

Live News Feed

Jordan, Türkiye hold second round of political consultations

26/10/2026 | 19:23:59

Jordan, Iraq Sign Nine Agreements to Improve Cooperation

26/10/2026 | 18:23:25

Over 3,000 Palestinians displaced due to ongoing Israeli raids in occupied Hebron

26/10/2026 | 18:12:14

Jordan, Libya talk cooperation in air transport

26/10/2026 | 17:52:28

Government press conference details arrests of those involved in terrorist attack in Karak

26/10/2026 | 17:19:41

Jordan, Oman Talk School Quality Assurance Cooperation

26/10/2026 | 17:08:07

More Of Business & Economy

Jordan, Libya talk cooperation in air transport

Jordan, Libya talk cooperation in air transport

26/10/2026 | 17:52:28
Jordan, Uzbekistan Talk Preferential Trade Agreement

Jordan, Uzbekistan Talk Preferential Trade Agreement

26/10/2026 | 16:36:51
ASE Up 0.79%, Turnover at JD15.9M

ASE Up 0.79%, Turnover at JD15.9M

26/10/2026 | 14:46:06

Jordan, Uzbekistan to Sign Preferential Trade Agreement Covering 300 Goods

26/10/2026 | 12:44:11

Jordan-Uzbekistan Trade Grows 79% in 2025 as Both Sides Seek to Expand Economic Ties

26/10/2026 | 12:16:59

Jordanian Trade Unions, ILO Launch Training on Crisis Communication

26/10/2026 | 11:46:35

National Exports Grow 6% Despite Regional Tensions, Supply Chain Disruptions

26/10/2026 | 10:42:28

Study Highlights $339 Billion Malaysian Market as High-Potential Destination for Jordanian Food, Pharma Exports

26/10/2026 | 09:15:44
  • Need a little help?

    To adjust this website for your accessibility needs, select one or more options below.

    Invert Colors
    Invert Colors
    Invert Colors Invert Colors
    Dark Contrast Dark Contrast
    Desaturated Desaturated
    Highlight Links Highlight Links
    Highlight Links Highlight Links
    Text Spacing Text Spacing
    Light Spacing Light Spacing
    Moderate Spacing Moderate Spacing
    Heavy Spacing Heavy Spacing
    Font Size Font Size
    site.INCREASE_FONT_SIZE A
    site.INCREASE_FONT_SIZE A+
    site.INCREASE_FONT_SIZE A++
    site.FONT_TYPE Font Type
    Dyslexia Friendly Dyslexia Friendly
    Legible Font Legible Font
    Reading Reading
    Big Cursor Big Cursor
    ٍReading Cursor ٍReading Cursor
    Reading Guide Reading Guide
    Line Height Line Height
    Line Height (0.75) Line Height (0.75)
    Line Height (1.75) Line Height (1.75)
    Line Height (2) Line Height (2)
    Text Align Text Align
    Align Right Align Right
    Align Left Align Left
    Align Center Align Center
    Justify Text Justify Text
    Reset All
    site.ACCESSIBILITY_TOOL
  • rows
  • rows
  • rows
footer
footer
footer
Sanad Your service is our duty The right to obtain information Invest in Jordan footer-second-row-images-en Amman Message
  1. Sanad

  2. Your service is our duty

  3. The right to obtain information

  4. Invest in Jordan

  5. Amman Message

Main

  • Business & Economy
  • Local News
  • Governorates
  • World News
  • Photo Albums

About Petra

About Jordan

  • Official website of the Royal Hashemite Court
  • Official website of His Majesty King Abdullah II
  • Official website of His Royal Highness Crown Prince Al Hussein bin Abdullah II
  • Official website of Her Majesty Queen Rania Al Abdullah
  • Useful Link

Contact us

  • Phone

    +962 (6) 5609700
  • Fax:

    +962 (6) 5682493
  • PO BOX:

    6845 Amman 11118
  • Email:

    petra@petra.gov.jo
  • Address:

     Jamal Abdel-Naser Circle
  • rows

Download Application

  • Supports Internet Explorer 10+, Google Chrome, Firefox, Safari
  • This website is best viewed on a 768 x 1366 screen
  • Program required for browsing: Adobe Reader
  • Privacy Policy
  • Copyright
  • Terms of Use
  • Disclaimer
  • Cookies

All rights protected by - Petra News Agency 1997 - 2026 © Developed by dot.jo