Today, Saturday, Jordan and Egypt signed a cooperation agreement to exploit the gas infrastructure in the two countries, according to which the Egyptian side will use the floating storage and gasification unit in Aqaba during the remaining period of the floating vessel charter contract.
The agreement was signed on the Jordanian side by the Minister of Energy and Mineral Resources, Saleh Kharabsheh, and on the Egyptian side, the Minister of Petroleum and Mineral Resources, Tariq Al-Mulla.
The statement of the Jordanian Ministry of Energy stated that the agreement comes within the framework of joint cooperation between the governments of the two countries in the energy sector, in light of government directives and within the plan of the Jordanian Electricity Company to reduce the operating costs of the Jordanian electrical system and enhance the security of energy supply in the two countries.
The agreement includes supplying the Jordanian side with liquefied natural gas from Egypt, and re-pumping part of the quantities of natural gas when needed to Egypt, through pipelines extending between the two countries.
The first agreement between the Egyptian Natural Gas Holding Company (EGAS) includes cooperation between the two parties in reducing operational costs for liquefied gas storage and gasification facilities through joint use of the Floating Gasification Unit for Liquefied Natural Gas (FSRU) in the port of Sheikh Sabah Al-Ahmad Al-Sabah in the Jordanian city of Aqaba, in order to secure supply Gas to both countries in emergency situations, in accordance with the frameworks that maintain energy security for both countries.
The second agreement between the Egyptian company “EGAS” and the Egyptian “Fajr of Jordan” also includes work on supplying natural gas from Egypt through the infrastructure extending to Jordan, represented by the Arab gas pipeline linking the two countries, in order to provide the needs of the industrial sector in the Kingdom of Jordan, in addition to contributing to the implementation of plans Feeding industrial cities in Jordan with natural gas.
