Jordan’s Energy Ministry has signed a $1.6bn deal with Estonia’s Enefit and Malaysia’s YTL International for the construction of the Middle East’s first oil-shale fired power plant, to be built alongside an oil shale mine in the Attarat umm Ghudrun area, 100km south of Amman.

The 550MW-capacity plant will deliver 470MW to the Jordanian grid and the remainder will power the oil shale mining operations. The plant is scheduled for H2 2019 start up and will be developed by Attarat Power (Apco), a JV of Enefit and YTL. Electricity will be sold to state utility National Electric Power Company (Nepco) at 95 fils/kWh ($0.13/kWh) under a 30-year deal. (CONTINUED - 711 WORDS)