When Jordan began importing Israeli gas in January per the gas sales agreement between state power firm Nepco and the partners at Israel’s Leviathan field, it constituted a significant shift in Jordan’s energy security – both in terms of the obvious political implications, but also that the cash-strapped kingdom finally found an affordable, consistent gas supply after years of struggle.
Since 2015, Jordan relied on the Golar Eskimo floating storage and regassification unit (FSRU) at Aqaba. Along with term supply contracts with Shell to secure gas supply, this powered almost 90% of Jordan’s electricity generation in recent years (see chart 1). (CONTINUED - 763 WORDS)
