Jordan to Invest in Revolutionary AED10.3 Billion Global Oil Shale Market
The Hashemite Kingdom of Jordan is set to invest in the revolutionary global oil shale market, worth an estimated US $2.88 billion (AED10.3 bil-lion) in 2011 . Currently, Jordan’s oil imports account for up to 20 percent of its Gross Domestic Product (GDP). However, investing in oil shale will boost lucrative energy ex-ports and bring lower costs to the local market. Jordan’s oil shale reserves are estimated to be able to meet the Kingdom’s energy needs for more than 900...
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