NPC Advances Natural Gas Plans with New Terminal and Al-Risha Development

The National Petroleum Company (NPC) is advancing plans to expand natural gas activities in Jordan. According to Director General Mohammad Khasawneh, a newly signed agreement covers the establishment of a central gas terminal with a capacity of up to 50 million cubic feet per day, expected to begin operations early next year.

Khasawneh also announced that the NPC is preparing for the development of the al-Risha gas field, with estimated investments ranging between $550 million and $750 million. This move aims to increase production and expand exploration activities.

The company is working on marketing natural gas through a 'virtual pipeline' system based on compressed natural gas (CNG) and liquefied natural gas (LNG). Three companies are currently operating in this field, while a fourth is preparing to enter the market. This system is expected to contribute to reducing operational costs by between 30% and 50%, according to Khasawneh.