Middle East Economic Survey

VOL. LII

No 26

6-Jul-2009

JORDAN

JPRC Announces 2008 Results

The Jordan Petroleum Refinery Company (JPRC) in 2008 realized a net profit before tax of JD9.66mn ($13.62mn) up from JD5.7mn ($8.04mn) in 2007, according to a JPRC financial statement for 2008. Total sales revenue from products rose to JD2,403mn ($3,388mn) in 2008 from JD1,821mn ($2,568mn) in 2007, following the liberalization of energy prices in Jordan in February 2008, except for LPG which continues to be...