
Jordan, Saudi Arabia discuss ways to proceed with electricity interconnection
Jordan and Saudi Arabia on Tuesday discuss means to proceed with the electricity interconnection project, as part of efforts to enhance cooperation in the energy sector (File photo)
AMMAN — Jordan and Saudi Arabia on Tuesday discussed means to proceed with the electricity interconnection project, as part of efforts to enhance cooperation in the energy sector.
The meeting, hosted by Jordan's National Electric Power Company (NEPCO), focused on accelerating key agreements needed to begin implementation, according to the Jordan News Agency, Petra.
Senior officials from both sides attended the meeting, including Secretary General of the Ministry of Energy and Mineral Resources Amani Azzam and NEPCO Director General Sofyan Bataineh.
The Saudi delegation included senior representatives from the energy sector.
According to Bataineh, discussions focused on finalising three main agreements covering implementation, operations and commercial arrangements, which are expected to be signed before the end of 2025, while the project is expected to begin commercial operations by the end of 2029.
"This interconnection will enhance the reliability of both kingdoms' electricity grids," said Bataineh, adding that the venture would allow for the sharing of energy reserves and exchanges during peak periods, improving efficiency and stabilising the grid.
He added that the project is an important step towards a broader regional electricity market and better Arab energy integration, noting that grid interconnection is 'increasingly' important in renewable energy systems, helping to reduce costs and optimise performance.
Highlighting Jordan's strategic goal of becoming a regional hub for energy exchange, Azzam said: "Our ongoing work on cross-border grid projects aims to boost Jordan's position in the regional electricity market".
The project stems from a memorandum of understanding signed in August 2020, which tasked NEPCO and the Saudi Electricity Company with drafting the technical and operational agreements, said Petra.
The project is part of the wider Arab Electricity Interconnection Initiative, which aims to create a unified electricity market.
Jordan has recently hosted one of the initiative's key coordination meetings as momentum builds towards regional energy integration, according to Petra.
Page 2
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Ammon
4 hours ago
- Ammon
Brazilian business delegation visits Jordan to explore investment prospects
Ammon News - A Brazilian business delegation starts a visit to Jordan Sunday for talks with official and private entities to explore investment opportunities in the Kingdom across various economic sectors. The five-day visit is organized by the Arab-Brazilian Chamber of Commerce, in cooperation with the Jordan Chamber of Commerce and the Jordanian Embassy in Sao Paulo. The delegation is headed by the Chamber's President, William Adib Dib Jr., and comprises business owners and executives from various economic sectors, as well as representatives from the Brazilian Ministry of Agriculture and Livestock and the Investment Promotion Agency of the State of Sao Paulo. The visit includes a Jordanian-Brazilian business forum, bilateral meetings between companies, and meetings at the Ministries of Agriculture, Industry, Trade and Supply, and Investment, as well as the Customs Department, in addition to tours to promote tourist attractions. The visit is a key step in developing economic relations with Brazil and it opens new horizons for increasing trade exchange between the two countries, commented Jordan Chamber of Commerce President, Senator Khalil Haj Tawfiq. It will allow the delegation to explore investment opportunities and the business environment, and build strategic partnerships, he said, adding that the delegation's choice showed a special investor interest in the Kingdom. He pointed out that Brazil is one of the key economies in South America with strong and advanced industries, particularly in the food sector, which will help boost trade ties with Jordanian firms. The volume of trade between Jordan and Brazil was at JD511 million dinars last year, of which JD60 million in Jordanian exports, almost entirely chemicals and related products, followed by clothing and textiles, dates and other food items. Petra

Ammon
6 hours ago
- Ammon
Strong demand for Jordanian dinar as Eid al-Adha approaches
Ammon News - The Jordanian dinar is witnessing strong demand with the return of expatriates working abroad for their summer vacation and the approaching Eid al-Adha holiday, according to the Secretary-General of the Jordanian Exchange Association, Alaa Diraniyeh. The volume of incoming remittances has also begun to rise due to the return of expatriates working abroad for their summer vacation, which has increased demand for the dinar, Diraniyeh indicated. Diraniyeh stated that demand for the Jordanian dinar has increased since last week. He also expected the volume of incoming remittances to increase by the end of this week, especially with Eid al-Adha just days away. Demand for Arab and foreign currencies is still calm due to the war on Gaza, he pointed out.


Roya News
15 hours ago
- Roya News
Riyadh pledges more financial support to Syria, says Saudi FM
Saudi Arabia and Qatar have pledged joint financial support to help pay the salaries of Syria's public sector employees, in a move that further underscores their warming relations with the newly established government in Damascus. The announcement was made on Saturday by Saudi Foreign Minister Prince Faisal bin Farhan Al Saud during a press conference with his Syrian counterpart, Asaad al-Shibani. The two met in Damascus as part of a broader regional push to stabilize and rebuild Syria after nearly 14 years of civil war. Although exact figures were not disclosed, Syrian Finance Minister Mohammed Yosr Bernieh had earlier revealed that Qatar was prepared to contribute USD 29 million per month over an initial three-month period to help cover salaries for civil servants. The financial support is seen as a critical step in rebuilding trust in Syria's public institutions and providing relief to a population that continues to struggle with poverty and unemployment. This aid package follows a notable development in mid-May, when Saudi Arabia and Qatar jointly cleared Syria's USD 15 million debt to the World Bank. That repayment paved the way for the institution to restart operations in the country for the first time since 2011. Its first project will focus on improving electricity access, essential for revitalizing key public services including healthcare and education. The foreign funding coincides with Syria's broader diplomatic re-entry onto the global stage, marked by shifting policies in the West. On May 13, US President Donald Trump announced the lifting of longstanding sanctions on Syria, a move reportedly endorsed by Washington in support of the Qatari initiative. The European Union soon followed, lifting most of its economic restrictions and unfreezing assets for multiple Syrian entities, including the Central Bank. Syria's president, Ahmed al-Sharaa, has sought to distance his administration from past alliances with extremist groups and has emphasized minority rights in an effort to win international legitimacy. However, sporadic violence and instability remain, complicating efforts to attract widespread investment and normalize ties. Despite these challenges, international engagement is slowly expanding. Sharaa has already met with leaders in Riyadh and Paris, and the US has removed a previous USD 10 million bounty on his head, signaling a dramatic policy reversal. Still, recovery will not be swift. A recent UN Development Programme report estimated that, without significant investment, Syria could take over 50 years to regain its pre-war economic levels. The report highlighted that 90 percent of Syrians live in poverty and one in four are unemployed, underscoring the urgency of Gulf and international aid to accelerate economic stabilization.