Jordan Energy Sector Research Highlights

Economic News

What impact will the rise in oil prices have on the energy transition?
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– Increased demand and supply shortages have pushed oil prices to nearly $100 per barrel – The high-price environment could give rise to an increase in drilling and coal usage – Energy companies and governments say they will use the windfall to invest in renewables – Oil-producing countries in the Gulf have expanded their renewable energy commitments Amid an increase in global demand…

Economic Snapshots

Jordan Economy Infographic 2016: Turning towards opportunity

Despite facing a set of extraordinary external and internal challenges over the past several years, the Jordanian economy remained resilient in 2015, with real GDP growth reaching 2.4% that year. The government is working with the IMF to implement fiscal reform policies, supported by low global oil prices, to reduce the kingdom’s fuel import bill, which should have seen GDP growth and major macroeconomic…

Interview

Saleh Kharabsheh, Minister of Energy and Mineral Resources: Interview
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Interview:Saleh Kharabsheh How will the Renewable Energy and Energy Efficiency Programme serve to further develop and grow Jordan’s green economy? SALEH KHARABSHEH: Jordan aims to become energy independent, and we are already on track to meet our goal of producing 10% of our energy mix from renewable sources by 2020. Prices are down sharply in this market, and all incentives are set up to…

Analysis

Solar energy continues to offer development opportunities in Jordan
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Solar power is set to play an important role in helping achieve Jordan’s goal of having renewables meet 10% of its energy needs by 2020. Regional volatility and a lack of hydrocarbon reserves spurred the government to develop one of the most comprehensive policy frameworks for renewable energy projects in the Middle East. Currently, the solar production base includes water heaters and air conditioning…

Overview

Jordan's energy sector turns focus to private development and renewable resources
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Dependent on imports and grappling with regional instability and major supply disruptions, Jordan’s energy sector has faced several challenging years. Rapid population growth, which includes the kingdom absorbing an estimated 1.3m Syrian refugees since 2011, has exacerbated existing water scarcity, especially in the northern region of Jordan. These challenges have prompted the government to pursue…

Analysis

Multiple approaches to increase Jordan's water supply and meet growing demand
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In June 2015 the Ministry of Water and Irrigation (MoWI) launched the National Water Strategy (NWS) 2016-25, which aims to reduce costs and boost annual water supply by 550m cu metres through exploration, drilling and infrastructure investment. The Red Sea Dead Sea Conveyance (RSDS) project is one of the main projects under the plan; however, drilling activity in the Shidiyeh-Al Hasa deep aquifer is…

Chapter

The Report: Jordan 2018: Energy
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Dependent on imports and grappling with regional instability and major supply disruptions, Jordan’s energy sector has faced several challenging years. Rapid population growth – with the kingdom seeing an estimated 1.3m Syrian refugees arrive since 2011 – has also exacerbated existing water scarcity, especially in Amman and Jordan’s northern areas. These challenges have prompted the government…

Country Report

The Report: Jordan 2018
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The country has made progress in key areas, reducing its fiscal deficit from 10.3% of GDP in 2014, to 3.2% in 2016 and an estimated 2.5% in 2017. Real GDP growth has also seen improvement, rising from a 25-year low of 2% in 2016 to 2.2% the following year. Moving forward the focus is set to shift towards green and digital expansion in line with the country’s new mid-term economic agenda, the Jor

Analysis

Regional events require Jordan to reduce fuel imports and look to new sources
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After disruptions to an Egyptian pipeline that had supplied the majority of Jordan’s electricity demand prior to 2011, the Jordanian government is moving to reduce expensive fuel imports and boost domestic generating capacity by building several new power plants. Comprising a diverse energy mix of gas, oil shale and renewable projects, these plants are expected to boost Jordan’s combined capacity…

Chapter

The Report: Jordan 2016: Energy
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Though it lacks the petroleum resources of many of its Arab neighbours, Jordan’s limited hydrocarbons have helped its energy industry become one of the most progressive and dynamic in the region. Development of renewable and nuclear energy is set to significantly boost domestic capacity and reduce the kingdom’s fuel bill in the coming years. The emphasis on renewables should help Jordan showcase…

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