A consortium led by Singapore's Atlantic Gulf & Pacific (AG&P) has secured a significant contract to develop an onshore liquefied natural gas (LNG) terminal at the Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah LNG Port in the Gulf of Aqaba, Jordan. This project, which is expected to be completed within 22 months, will enhance Jordan's gasification capacity by 720 million standard cubic feet per day, crucial for the nation's electricity generation and industrial needs.
The new LNG terminal aims to provide Jordan with a reliable and flexible energy source, allowing the country to diversify its supply options amidst ongoing challenges related to the reliability of natural gas supplies. The agreement, which involves a $125 million investment, also includes the establishment of a shore change unit and development work on the existing natural gas port to bolster the nation's energy security.
Jordan's reliance on natural gas for electricity generation makes this project a strategic move to ensure a stable energy supply, especially during periods of potential supply interruptions. The facility, which has been in development since 2015, will play a crucial role in meeting the growing energy demands of the country while achieving financial savings in electricity production costs.
- The Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah LNG Port, established in 2015, serves as a pivotal infrastructure project for Jordan's energy sector. The port includes facilities for the import of liquefied natural gas and features a floating storage and exchange unit designed to convert LNG back into its gaseous state. This capability is essential for addressing potential outages in natural gas supply and ensuring continuous energy availability for both residential and industrial consumers.
- The partnership between AG&P, its subsidiary Gas Intec, and local firm Issa Haddadin Construction highlights a collaborative effort to enhance Jordan's energy infrastructure. The project aligns with the country's broader strategy to secure energy resources and reduce dependency on single supply sources, thus promoting energy independence and stability.
