Egypt to in­crease nat­u­ral gas ex­ports to Jor­dan to 150m scfd by December

The Daily News Egypt - - Front Page - By Mo­hamed Adel

The Min­istry of Petroleum aims to in­crease nat­u­ral gas ex­ports to 150m stan­dard cu­bic feet per day (scfd) for Jor­da­nian power plants by the end of the year, up from to 100m scfd cur­rently ,and grad­u­ally in­crease to 250m scfd by Jan­uary 2019.

An of­fi­cial at the Min­istry of Petroleum and Min­eral Re­sources told Daily News Egypt that the ex­port ca­pac­ity of the Jor­dan gas pipe­line is es­ti­mated at 1bn scfd.

He pointed out that the min­istry fi­nalised the agree­ment with the Jor­da­nian side to sup­ply 250m scfd, at dif­fer­ent prices than the pre­vi­ous agree­ment.

The of­fi­cial added that Egypt has re­sumed nat­u­ral gas ex­ports to Jor­dan since July, through the pipe­line con­nect­ing Egypt and Jor­dan, in quan­ti­ties es­ti­mated at 50m scfd, paving the way to­wards the trans­for­ma­tion of Egypt to be­come a re­gional gas hub, after achiev­ing self­suf­fi­ciency from nat­u­ral gas.

The Jor­da­nian En­ergy Min­istry said in a state­ment ear­lier that the agree­ment is to im­port 10% of the coun­try’s needs of nat­u­ral gas for elec­tric­ity gen­er­a­tion from Egypt ,after the visit of the Jor­da­nian Min­is­ter of En­ergy and Min­eral Re­sources Hala Zawati, to Egypt, last month.

The Egyp­tian govern­ment signed a 15-year agree­ment with Jor­dan in 2004 to sup­ply 250m scfd, at a price of $2.5 per mil­lion Bri­tish Ther­mal Unit (MBTU), but the govern­ment raised gas prices in April 2012 to $5 per MBTU.

The gas pipe­line be­tween the two coun­tries was tar­geted by var­i­ous bomb­ings, and sab­o­tage at­tempts, since the Jan­uary 25 revo­lu­tion by un­known as­sailants, caus­ing sup­plies to be briefly dis­rupted.

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