Jordan Maintains Robust Strategic Oil and Gas Stocks Amid Regional Volatility

The Kingdom of Jordan has sufficient strategic oil and gas stocks to meet domestic demand, according to Hassan Al-Hayari, Director General of the Jordan Petroleum Refinery Company (JPRC). The country maintains a 60-day reserve of petroleum products and cooking gas despite regional volatility.

Al-Hayari revealed that Jordan processed an additional 1.7 million gas cylinders in March compared to the same period last year, following a 700,000-cylinder increase in January. He emphasized that the current inventory of liquefied petroleum gas (LPG) and refined derivatives is sufficient to cover two months of domestic consumption.

The Kingdom's energy sector remains stable due to its decoupling from the Strait of Hormuz. Jordan imports crude oil and LPG from Saudi Aramco via the Port of Yanbu on the Red Sea, terminating at the Port of Aqaba. A recent shipment of approximately 12,000 tons of gas docked at Aqaba as part of a regular monthly schedule.