Avaleht  »  Oil Shale »  Why oil shale? » 

Oil shale in Jordan – Energy Security and Economic Benefits?

Long term energy security and stability - the benefits of leveraging Jordan's oil shale deposits are numerous and have the potential to completely transform the country's economy from one dependent on the largesse of regional and international allies, to one that delivers energy security and independence to the Kingdom for the first time in its history.

Local energy resource

  • Stable - power price not linked to oil price movements
  • Reduces fuel import bill
  • Kick-starts Jordan´s oil shale industry including oil production

Energy security

Economic benefits

  • 1,000 new jobs
  • 5,500 people during construction
  • Indirect employment
  • Largest foreign investment to Jordan, 2.1 B USD
  • Multiplier effect to local GDP in various industry sectors