August 11, 2008
Jordan to Tap Oil Shale Within Decade
Jordan to tap oil shale within decade
AMMAN, Aug. 7 (Xinhua) -- Jordan's Natural Resource Authority ( NRA) said the kingdom is expected to start commercial oil shale extraction within next decade, local daily Jordan Times reported on Thursday.
In Al Attarat and Lajoun areas, meanwhile, Estonian Eesti Energia, Brazilian firm Petrobras, Jordanian-British Jordan Energy and Mining Limited (JEML) and a Saudi firm are currently examining separate blocks, with concession agreements likely inked by the end of the year, added Hijazin.
According to NRA, some 40 billion tons of oil shale exist in 21 sites spreading at the Yarmouk River, Buweida, Beit Ras, Rweished and Karak, Madaba and Maan districts.
A switch to power plants operated by oil shale would offset Jordan's energy bill by at least 40 to 50 percent, according to the National Electric Power Company.
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