Egypt will sign an agreement with Jordan in two weeks under which it will provide the latter with an additional 500 million cubic meters of natural gas annually, according to a statement.
A network will be created to provide 280,000 houses and 4,000 industrial and commercial facilities with natural gas in Amman and Zarqa governorate, which is home to over 52 percent of the country’s industrial facilities.
In a conference Wednesday, Jordanian Minister of Energy and Mineral Resources Khalid Irani announced the details of the agreement with Egypt.
Jordan currently imports about 240 million cubic meters of natural gas from Egypt daily.
The kingdom, which imports about 96 percent of its energy at a cost of $2.8 billion dollars annually, or 21 percent of its gross domestic product, plans to increase self-produced energy to 60 percent by 2020.
