Jordan to achieve natural gas self-sufficiency in 10 years
Businessman Ziad Al-Manaseer predicted that Jordan will be able to achieve self-sufficiency in natural gas through domestic production within 10 years. This would reduce its reliance on gas imports and lower energy costs. He clarified that increased local production would help save hard currency currently spent on energy imports and enhance the competitiveness of economic sectors such as industry and electricity by providing gas at lower prices. He also noted that funding for sector development projects will rely on 70% external financing and 30% self-financing, as part of plans to expand the energy industry and capitalize on economic opportunities.
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