Middle East Economic Survey

VOL. XLVIII

No 28

11-July-2005

Jordan

Jordans Petroleum Products Subsidies To End By 2008

All subsidies for petroleum products in Jordan will be withdrawn with the liberalization of the energy sector by 2008, according to an official of the Jordanian Ministry of Energy and Mineral Resources, Khaldun Qutaishat. The liberalization will take place over the next three year, with domestic prices aligned to international oil prices and a competitive market. Mr Qutaishat said...