Middle East Economic Survey
VOL. LIV
No 11
14-Mar-2011
Jordan
Jordan Signs Oil Shale Concession Agreement With KIO
Jordans Natural Resources Authority (NRA) on 9 March signed a concession agreement with Karak International Oil (KIO), a wholly owned subsidiary of the UK firm, Jordan Energy and Mining Ltd, to exploit oil shale deposits in an area of 35 sq km at El-Lajjun, 100km south of 'Amman, between Qatrana and Karak city. The agreement was signed by Jordanian Minister of Energy and...
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