oil and gas
In North Africa, Algeria has signed a Memorandum of Understanding (MoU) that will see the country supplying oil and gas to Jordan by September this year.

The MoU, which was signed by the minister of energy, Salah Khebri and the Jordanian minister of energy and mineral resources, Ibrahim Saif, is aimed at diversifying the crude oil sales.

The media reported that cooperation between the two countries includes several fields, of which the most important are the prospection and production of hydrocarbon, liquefied natural gas (LNG), liquefied petroleum gas (LPG), and the distribution of gas and renewable energies.

According to the Bloomberg, Khebri said that Algeria’s state-run Sonatrach Group will start shipping LNG and LPG to Jordan in September.

He said Sonatrach and National Electric Power Company of Jordan are expected to reach a final agreement in the next few weeks, without specifying shipment volumes.

Jordan to receive oil and gas

Hasan Hiari, head of the natural gas department at Jordan’s ministry of energy and mineral resources, commented: “This is the first time that we are going to get fuel and gas from Algeria. We are keen on diversifying our energy sources.”

As Jordan, almost has no energy resources of its own, through this treaty the country will also be looking at solar, wind and nuclear power for future energy needs.

Speaking at an energy conference in Amman, Jordan’s Prime Minister Abdullah Ensour stated that by 2025, 48% of the nation’s electricity will be generated by nuclear reactors, up from 4% today. He revealed that the country targets to have 500MW of solar and wind power capacity operational by the end of this year.

In December 2015, Salah Mekmouche, Sonatrach vice president of exploration and production said as Algeria, intends to raise crude oil output by 5% this year and has offered energy-exploration rights to foreign companies to help develop the oil and gas fields.