Last year was the most difficult year for Jordan since the beginning of the 1990s because of higher energy and electricity costs brought about by the disruption in Egyptian gas supplies to the kingdom, according to the Minister of Planning and International Cooperation Ja’far Hassan.
He said there are no quick solutions to the kingdom’s energy problems until 2015. He noted the government’s current focus is to press on with the construction of the ‘Aqaba oil terminal on the Red Sea, which is to be financed from the Kuwaiti grant under the $5bn GCC aid package pledged for Jordan. In addition Jordan will allocate $150mn from this grant to develop renewable sources of energy in the country. (CONTINUED - 296 WORDS)