Tarawneh meets JPRC representative over gov’t agreement on oil derivatives

By JT - Apr 12,2018 - Last updated at Apr 12,2018

AMMAN — Lower House Speaker Atef Tarawneh on Thursday highlighted the importance of reaching a clear agreement between the government and the Jordan Petroleum Refinery Company (JPRC) regarding financial issues.

Tarawneh’s remarks came during a meeting with JPRC Chairman Walid Asfour and other company members, during which the speaker said that the company has to speed up preparing the necessary technical study on producing oil derivatives that match technical standards, the Jordan News Agency, Petra, reported.

Asfour said that it reached some agreements with the government, including allocating 30 per cent of oil derivatives’ market in the Kingdom for JPRC after the exclusive contract ends on May 1. Also on Thursday, Tarawneh met with a delegation from the Jordan Chamber of Industry and highlighted the significance of having a comprehensive law that encompasses all industrial sectors, Petra added.

Rate

'Demand for gas, fuel jumps by 36-90%'

Feb 19,2015

Demand for gas and oil derivatives went up by 36 to 90 per cent over the past two days due to the expected severe weather, the Jordan Petroleum Refinery Company (JPRC) said Thursday.

Gov’t says waiver given to refinery ‘an old decision’

Dec 06,2018

AMMAN — The government on Tuesday said that a decision to exclude the Jordan Petroleum Refinery Company (JPRC) from compliance with rules re

Refinery says gas reserves sufficient

Feb 11,2015

The Jordan Petroleum Refinery Company (JPRC) has enough reserves of gas and oil derivatives to last during the current weather conditions, JPRC CEO Abdel Karim Alawin said Wednesday.