Egypt to resume LNG supply to Jordan

Egypt will re-start pumping its Liquefied Natural Gas (LNG) to Jordan after a new price was agreed, a source at the Jordanian Ministry of Energy and Mineral Resources announced here on Sunday. The source added that all procedures related to the deal will be dealt with this week so that pumping of LNG can begin. Minister of Energy and Mineral Resources Dr. Khaled Touqan said in a statement before Eid Al-Fitr that Jordan and Egypt will sign a deal to resume the importing of Egyptian LNG to the kingdom. He added that the deal will see the kingdom pay a higher price referring meantime that his country’s desire to rely on Egyptian LNG despite the increasing number of attacks the Egyptian LNG pipeline has been subjected to since February 5th. The two countries signed a 15 year contract in 2004 which stated that Egypt exports 240 million cubic feet to the kingdom, which is worth 80% of Jordan’s energy needs. However the supply of LNG has significantly decreased lately, by 27%, due to the increasing number of attacks on the Egyptian LNG pipeline. Jordan relies on the same LNG pipeline which supplies natural gas to Israel.