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Jordan's Energy Reserves

Jordan's Energy Reserves

Jordan stores reserves of petroleum products at the Al-Madouna and Aqaba facilities, at Jordan Petroleum Refinery Company facilities, and in private-sector depots. Al-Madouna has a capacity of about 312,000 tonnes, while Aqaba’s capacity is 106,000 tonnes. The Ministry of Energy says strategic stocks are sufficient for between 30 and 60 days, depending on the type of fuel. Fuel for power generation, meanwhile, would last about a month, and the Kingdom relies on four sources of natural gas. Natural gas accounts for 66% of the electricity-generation mix. Most conventional power plants can switch to diesel or fuel oil if gas supplies are interrupted, but higher liquefied natural gas prices have raised the additional daily cost to 2.5–3 million dinars. To reduce its reliance on imports, Jordan aims to increase production from the Risha field to more than 400 million cubic feet per day by 2029, compared with daily consumption of about 340 million cubic feet.

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