Back to the complete issue
Thursday, 19 September 2019

Jordan imports of Egyptian natural gas restored after temporary halt

Jordan goes back to importing Egyptian natural gas after temporary halt: Egypt Gas has signed a one-year, USD 3.9 mn contract with the Jordanian–Egyptian Fajr for Natural Gas Transport and Supply Company to supply natural gas to Jordan Phosphate Mines, the company said in a statement (pdf). Jordan had stopped importing gas from Egypt in July due to low demand from its electricity producers. The kingdom had before then been reportedly importing only 75 mcf/d from Egypt.

Background: Jordan went back to importing 10% of its gas needs from Egypt in September last year, after a seven-year hiatus, as part of an agreement initially signed in 2014, but delayed due to Egypt’s inability to make available the agreed amount. Egypt supplied Jordan with 250 mcf/d of natural gas between 2004 and 2009, but imports completely stopped in 2011 due to attacks on the pipeline that linked the two countries.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.