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Jordan’s energy imports up 59 per cent this year

Industry

Jordan’s imports of electricity, gas and oil derivatives increased by 59 per cent from January to April this year, according to data released by the country’s department of statistics

Spending on energy increased to US$2.5 billion between January and April, up from $1.6 billion recorded during the same period in 2011.

Imports have increased due to the rising price of crude oil coupled with the country’s increased dependency on diesel and heavy fuel imports.

Jordan's energy imports rose sharply for power generation after repeated cuts in natural gas supply from Egypt since the beginning of 2011.

Imports of crude oil also went up for the same period in 2012 to $1.2 billion from $959 million in 2011. The figures also showed that Jordan's imports of natural gas at the end of April had declined to $16 million compared to $48 million.

Despite Jordan’s preparations for an expanded grid in the summer of 2012, electricity imports have fallen to $74 million from $86 million in 2011.