Faced with crisis in Egypt, Jordan turns to shale energy reserves

Rusty Jordan flag and Amman buildings view
Source: DollarPhotoClub

With 70 billion tonnes of oil shale Jordan is the fourth richest country in the world after the U.S., China, and Russia, but until recently low oil prices made this resource uneconomical to explore.

Until recently, the country was importing up to 96% of its energy needs, at a cost of one-fifth of its GDP, from Egypt. The fallout from the Egyptian Revolution means that the supply has been jeopardised, with the pipeline being frequently sabotaged by armed groups.

In the face of this energy crisis, the Jordanians have turned to the long-neglected oil shale. Al Jazeera’s Nisreen al-Shamayleh reports on the Jordanian oil shale renaissance.

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