Jordan and China to build a $2.5 billion oil power plantStaff writer ▼ | September 20, 2013
Under the agreement, signed in Beijing during a visit of King Abdullah II, a consortium of China's Shandong Electric Power Construction Corporation (SEPCO III) and HTJ Group as well as Jordan's Al-Lajjun Oil Shale Company will build the power station in the southern city of Karak.
"Jordan has 31 billion tonnes of oil shale, the world's fourth largest reserves," state Petra news agency quoted Minister of Trade, Industry, and Supply Hatem Halawani as saying.
Under a sperate deal, a consortium of the China International Water and Electric Corporation and Xinjiang Goldwind Science and Technology Company, will design, build and operate a wind-powered 300-megawatt plant in the kingdom, Petra said without giving further details.
Jordan imports 95 percent of its energy needs as the desert kingdom of 6.8 million people has few natural resources. ■