JORDAN

Jordan to Raise Exploration Spending to $36mn in 1985

The Jordanian Minister of Energy and Mineral Resources, Mr. Hisham al-Khatib, stated at a press conference in Amman on 11 December that the Jordanian Government has decided to double its expenditures on oil exploration in 1985 to JD14.3mn ($35.6mn) in an effort to cut down the country's crude oil import bill which is estimated to reach some $600mn this year. Mr. Khatib said that the favorable preliminary results of recent...