Jordan’s Ministry of Energy and Mineral Resources started reviewing the requests submitted for obtaining licenses to distribute fuel derivatives, following a tender that closed on February 28th, Minister of Energy and Mineral Resources, Saleh Kharabsheh, told the Jordan Times.
“This is part of the government’s plan to restructure the oil distribution sector and increase competition in the field,” Kharabsheh stated, according to Zawya News.
French Total has been distributing fuel in the Jordanian market since 2016, when it signed a deal with the Jordanian government. The latter then signed a deal with Jordan Petroleum Refinery Company (JPRC) and Jordan’s Manaseer Oil & Gas to divide distribution in the market equally between the three firms, ending years of JRPC market domination.
It is worth noting that Jordan imports 97% of its annual energy needs.