Jordan mulls restoring fuel supply monopoly

29 May 2010

Jordanian energy minister, Khalid Irani has said the kingdom is studying whether to restore fuel-supply monopoly status to Jordan Petroleum Refinery Co in order to attract investments needed for its expansion, Bloomberg has reported. The country's only refinery plans to expand production capacity to as much as 140,000 barrels a day, from 100,000 barrels now, he said. Its 50-year monopoly on fuel supply to the market expired in 2008.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications