Latest news with #JordanPetroleumRefinery
Zawya
3 days ago
- Business
- Zawya
Egypt: Petrojet, Jordanian consortium ink $21.76mln LPG storage project in Aqaba
Arab Finance: Petrojet and a Jordanian consortium led by the Jordan National Shipping Lines Company (JNSL) have signed a $21.76 million agreement with the Jordan Petroleum Refinery, to implement a new liquefied petroleum gas (LPG) storage project in Aqaba, as per a statement by the Egyptian Ministry of Petrolem and Mineral Resources. The project includes the design, supply, and construction of two spherical LPG storage tanks, each with a capacity of 2,000 metric tons, at Jordan Petroleum Refinery's South Aqaba facilities. The turnkey project is expected to be implemented in up to 24 months. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
3 days ago
- Business
- Zawya
Jordan signs deal for LPG storage facilities
A subsidiary of the Jordan Petroleum Refinery Company (JPRC) on Tuesday signed a 15.5 million Jordanian dinars ($21 million) agreement to develop new liquefied petroleum gas (LPG) storage infrastructure in the southern port of Aqaba for local gas distribution. The Liquefied Petroleum Gas Manufacturing and Filling Company will collaborate with a Jordanian-Egyptian joint venture comprising the Jordan National Shipping Lines Company and Egypt's Petrojet (Petroleum Projects and Technical Consultations Company) to execute the project, the Jordan News Agency Petra reported. The project includes designing, supplying, and constructing two spherical LPG tanks, each with a capacity of 2,000 metric tonnes, to be delivered as a turnkey project within 24 said the expansion reflects the company's strategy to enhance operational readiness amid rising national demand for LPG. He added that robust energy infrastructure is essential for maintaining supply security and efficient distribution. Hiyari noted that the facility will streamline the LPG distribution network, lower transport costs from Aqaba to interior regions, and improve energy resilience across Jordan. (Writing by Nadim Kawach; Editing by Anoop Menon) (
