The Jordanian government has signed an agreement with Attarat Power Company (APCO) for a potential $2.2bn development of an oil-shale fired power plant, synthetic crude plant and associated oil shale mine. APCO is a joint venture of Estonia’s Enefit and Malaysia’s YTL Power.

Jordan’s Minister of Energy and Mineral Resources Muhammad Hamid says the 460MW thermal power plant, to be built in the Arrarat region 100km south of ‘Amman, will be the first in the MENA region to employ direct combustion technology to exploit oil shale deposits. (CONTINUED - 309 WORDS)