Jordan Delays Bids For Aqaba Port Oil Terminal Until July 3
06.21.2012 - NEWS

June 21, 2012 [Bloomberg] - Jordan delayed until July 3 the deadline for contractors to apply to prequalify as bidders for engineering, procurement and construction work on an oil terminal at the Red Sea port of Aqaba.


The initial deadline for the facility, with a planned capacity of 120,000 cubic meters, was June 21, the Ministry of Energy and Mineral Resources said in a statement on its website today. The terminal would allow for the storage and distribution of imported crude and oil products, according to the ministry, which didn’t give a reason for the delay.

Jordan, one of the smallest economies in the Middle East, imports almost all of its energy. Its power plants have had to switch to more expensive fuels after repeated cuts in natural- gas shipments caused by sabotage attacks on an export pipeline from neighboring Egypt.

Australia's Woodside Energy Makes Liz Westcott Its Permanent CEO
03.23.2026 - NEWS
March 23, 2026 [Reuters]- Australia’s Woodside Energy on Wednesday named Liz ​Westcott as... Read More
US Lends Oil Companies 45.2 Mln Barrels from Reserve, First Batch of Iran War
03.23.2026 - NEWS
March 23, 2026 [Reuters]- The Trump administration said on Friday it ​has lent 45.2 million bar... Read More
China's Sinopec Posts 36.8% Drop in 2025 Net Profit on Weak Petrochemical Margins, New Energy Substitution
03.23.2026 - NEWS
March 23, 2026 [Reuters]- China Petroleum & Chemical Corp , known as Sinopec, reported a 36.8... Read More
Saudi Aramco Cuts Oil Supply to Asia for Second Month in April
03.23.2026 - NEWS
March 23, 2026 [Reuters]- Saudi Aramco, the world’s top oil exporter, has cut crude supply ... Read More