Jordan Travel Guide
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Jordan Natural Resources - Oil Shale
Despite the fact that reserves of crude oil are non-commercial, Jordan possesses one of the world's richest stockpiles of oil shale where there are huge quantities that could be commercially exploited in the central and northern regions west of the country. The extent the World Energy Council reserves Jordan approximately 40 billion tons, which established it as the second richest state in rock oil reserves after Canada, and first at the world's level of proven discoveries at a rate of extraction of oil up to between 8% and 12% of content, and could be the production of 4 billion tons of oil from the current reserve, which puts the quality of Jordanian oil on the one hand extraction, on an equal footing with their counterparts in western Colorado in the United States, which its estimated amount may rise to 20 billion tons. The moisture content and ash within is relatively low. And the total thermal value is 7.5 megajoules/kg, and the content of ointments reach 9 percent of the weight of the organic content. Jordan recently signed a deal with Royal Dutch Shell to extract and exploit shale oil reserves in central Jordan. It is expected Jordan will produce its first commercial quantities of oil in 10–12 years.
Also, the Natural Resource Authority is in the final phases of preparing an agreement with Eesti Energia under which the Estonian energy firm is expected to invest an estimated of $7 billion in the sector.
According to NRA Director Maher Hijazeen, some 700 direct jobs and over 3,000 indirect employment opportunities will be generated by the venture, which is expected to produce 35,000 barrels of oil daily within the next 10 years. Under the agreement, JEML would produce 50,000 barrels of oil a day, 35 per cent of the Kingdom’s energy consumption in “less than 10 years”, creating a “significant” number of jobs, the NRA director said. The 45-year concessions, which are separate blocks in Al Attarat and Lajoun in the central region, will be signed within the next two to three months and then referred to Parliament for approval.
Previous NRA studies have revealed that 40 billion tonnes of oil shale exist in 21 sites concentrated near the Yarmouk River, Buweida, Beit Ras, Rweished, Karak, Madaba and Maan.
A switch to power plants operated by oil shale has the potential to reduce Jordan's energy bill by at least 40–50 per cent, according to the National Electric Power Company.
Jordan Travel Informations and Jordan Travel Guide
Jordan History: Modern Jordan
Jordan Geography - Jordan Climate - Jordan Administrative Divisions
Jordan Demographics - Jordan Ethnic Groups - Jordan Religion - Jordan Language - Jordan Immigration
Jordan Politics: Jordan Constitution - Jordan Legal System & Legislation
Kings Jordan & Political events - Jordan Parliament: Term - Jordan Political Parties - Jordan Human Rights
Jordan Economy: Brain Drain and Brain Gain - Jordan Natural Resources: Natural gas - Oil shale - Phosphate - Uranium
Jordan Transportation - Jordan Currency & Exchange Rates - Jordan Tourism: Nature Reserves
Influence of the Southwest Asian conflict - Jordan Foreign Relations - Jordan Military: Army - Navy - Air Force
Peacekeeping Abroad - Jordan Defense Industry - Jordan Police - Jordan Culture - Jordan Health
Jordan Language - Jordan Quality of liife - Jordan Globalization
Jordan Education: Jordan School Education - Jordan Higher Education
Jordan Tourist Attractions: Amman - Agaba - Ajloun - Azrak Wetland Reserve - Baptism Site - Beida - Dana Nature Reserve
Dead Sea - Desert Castle - Jerash - Kerak - Madaba - Ma'in - Al Mujib Nature Reserve - Mukawer - Mount Nebo - Pella
Petra - Shaumari Wildlife Reserve - Shobak - Um El Jimal - Um Qais - Um Rassas - Wadi Rum