You are here
Government authorises two new oil marketing companies
By JT - Sep 09,2018 - Last updated at Sep 09,2018
AMMAN — The Ministry of Energy and Mineral Resources announced on Sunday the licencing of two new companies to market oil derivatives in the Kingdom, the Jordan News Agency, Petra, reported.
Minister of Energy and Mineral Resources, Hala Zawati said in a press statement that the decision was made to support restructuring of the oil sector, and to open it to competition after the licencing of three marketing companies (Jordan Modern Oil and Fuel Services Company, Jordan Petroleum Products Marketing Company and Total Jordan) at the beginning of May 2013.
The Ministry of Energy and Mineral Resources granted the licensed companies an exclusive period of three years from the date of commencing, during which the government did not license new marketing companies. The period of exclusivity began from the beginning of May 2016.
Related Articles
AMMAN — The Cabinet decided on Monday to approve the opening of the oil market for two new marketing companies to distribute oil derivatives
AMMAN — The Lower House on Sunday discussed 15 questions directed to the government during an oversight session headed by Speaker Abdulmunim
AMMAN — The Energy and Mineral Recourses Parliamentary Committee on Tuesday endorsed a bill that nullifies a law pertaining to the ratificat
Opinion
Apr 23, 2024
Apr 23, 2024
- Popular
- Rated
- Commented
Apr 23, 2024
Apr 23, 2024
Newsletter
Get top stories and blog posts emailed to you each day.
