Middle East Economic Survey

VOL. LIII

No 20

17-May-2010

JORDAN

Jordan Signs Oil Shale Agreement With Eesti Energia

The Jordanian government on 11 May signed a concession agreement with Enefit the global brand of Estonias Eesti Energia for the development of part of the 'Attarat Umm Ghudran oil shale deposits in the kingdoms central region. Enefit operates in Jordan under its subsidiary Jordan Oil Shale Energy Company, which has a 75% interest in the project, with the remaining 25% held by local...