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Saturday, December 5 - 2009

Jordan's energy needs cost $18bn, says minister

  • Jordan: Tuesday, October 27 - 2009 at 10:30

Jordan's minister of energy and mineral resources has said that the kingdom needs to invest $18bn in various sectors to meet the growing demand of energy in the country by the end of 2020, Petra news agency has reported. Cost of energy in the kingdom last year had amounted to JD2.765bn, compared to JD1.153bn in 2004, representing more than 21% of GDP at current prices, compared to 14.5% of GDP in 2004, the minister said.

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