Jordan’s cabinet has approved plans for a $2.4bn oil shale mining and power generation project.
The mine and power plant will be developed by Attarat Power Company (Apco), a joint venture of Estonia’s Enefit (65%), Malaysia’s YTL Power (30%) and Jordan’s Near East Investment (5%), in the Attarat umm Ghudrun region 110km southeast of ‘Amman.
The power plant will have generating capacity of 470MW and will sell power to Jordan’s National...
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