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Thursday, May 5, 2011     FOR YOUR EYES ONLY

Three attacks on Egypt gas pipeline impacting Jordan's economy

AMMAN — Jordan has reported losses from the suspension of Egyptian natural gas supplies.


Jordanian Energy Minister Khaled Touqan said the Hashemite kingdom has been losing at least $4.2 million per day because of the suspension of gas supplies from Egypt.

The suspension of 300 million cubic feet of Egyptian gas per day stemmed from three attacks on the pipeline in the Sinai Peninsula since February.

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"We have been forced to rely on diesel and heavy fuel," Touqan said.

Egyptian gas was said to have supplied 80 percent of the fuel for Jordanian power stations. Israel has relied on Egypt for up to 45 percent of gas supplies required by the Jewish state.

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