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Arab Potash Company looks to import natural gas from Israel
By Petra - Feb 17,2013 - Last updated at Feb 17,2013
AMMAN — Contacts are currently under way between the Arab Potash Company and its counterpart in Israel, through a US company, on the possibility of importing natural gas from the Dead Sea area, according to a statement issued by the Ministry of Energy and Mineral Resources.
This fuel would be inexpensive and clean and would be used by Arab Potash Company factories at the Dead Sea, the statement added.
The ministry said the purpose of importing gas from Israel is to reduce the production costs of these factories, adding that no agreement has been reached yet.
The ministry also dismissed as baseless news carried by media outlets on secret talks between the Kingdom and Israel on importing natural gas.
Jordan’s sole potash producer on Wednesday denied that the company was in talks with Israeli firms on importing natural gas.
The US-based Noble Energy will provide the Arab Potash Company (APC) with two billion cubic metres of natural gas at preferential prices under a $771 million agreement signed between the two sides on Wednesday.
At least 40 members of the Lower House signed on Wednesday a memorandum calling on the government to halt plans to import Israeli gas.
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