Skip to content
Back to Guavy Wire
Commodities

TAQA Arabia Launches $70 Million Jordanian Gas Pipeline Project

Instruments
Oil Natural Gas
Share

TAQA Arabia has entered Jordan's energy market by launching a $70 million natural gas pipeline project for Al-Rawdah Industrial City. The project is part of two industrial-city gas projects backed by funding from the Abu Dhabi Fund for Development (ADFD).

The 14-kilometer pipeline will serve El-Rawdah and Muwaqqar industrial cities, with Petrojet and Ahmad Yousef Al-Tarawneh and Partner construction company awarded the Muwaqqar project. The announcement was made in the presence of Saleh Al-Kharabsheh, Jordan's Minister of Energy and Mineral Resources; Pakinam Kafafi, CEO of TAQA Arabia; and ADFD representatives.

'Our entry into the Jordanian market marks another strategic step in TAQA Arabia's regional expansion,' said Kafafi. Tarek El-Hawary, Managing Director of TAQA Gas, added that the company will maintain quality and safety standards during construction and provide a reliable gas supply to manufacturers in the Ma'an Development Area.

This move follows TAQA Arabia's establishment of a branch in Jordan earlier this month, with the company reporting its H1 2026 financial results in early August. TAQA Arabia was established in 2006 and invests in various energy infrastructure projects, including natural gas transmission and distribution, power generation, and oil product marketing.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc