• HSBC

Jordan moots electricity tariffs updates

  • Jordan: Wednesday, August 12 - 2009 at 09:50

Jordan's Ministry of Energy and Mineral Resources is considering a pricing system for electricity, amongst other alternatives, which adopts a periodic update to tariffs based on changes in oil prices on the world market, The Jordan Times has reported. The proposed measure aims to reduce the National Electric Power Company's budget deficit, which resulted from the increase in oil prices, the ministry has said.

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