Jordan eyes Iraqi crude for expanded refinery
The country has approved in principle a plan for a pipeline to import Iraq's oil
The Jordanian authorities are pressing ahead with plans for a 20% expansion to the capacity of the Zarqa oil refiner—from 100,000 barrels a day to 120,000 b/d. Actual production is around 80,000 b/d. Last year, Honeywell UOP was contracted to supply technology and equipment, and KBR has signed an engineering agreement for the residue hydroprocessing unit. Jordan has to import nearly all its energy needs, so the $1.6bn (£1.1bn) refinery expansion project is necessary to meet rising demand for petroleum products—compounded by the presence of more than half a million Syrian refugees. Jordan Petroleum Refinery Company chief executive Abdul Karim Alaween said fuel demand was rising at an average
Also in this section
24 January 2025
Domestic companies in Nigeria and other African jurisdictions are buying assets from existing majors they view as more likely to deliver production upside under their stewardship
23 January 2025
The end of transit, though widely anticipated, leaves Europe paying a third more for gas than a year ago and greatly exposed to supply shocks
23 January 2025
The country’s government and E&P companies are leaving no stone unturned in their quest to increase domestic crude output as BP–ONGC tie-up leads the way
22 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised