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09 Oct
01:00

Jordan shale oil power plant seen boosting struggling local steelmakers

Jordan’s government has signed a 30-year power purchase agreement with Attarat Power Company, the builder of a new 554MW shale oil-fired power plant that is seen drastically reducing the cost of energy for the country’s steelmakers and making them competitive in the Middle East, Kallanish learns. In a country that imports some 97% of its energy requirement, the traditional source of feedstock for power generation has been a natural gas pipeline l…
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