08:36
Reported

News Brief

  8/29/2011, Av 29, 5771

Jordan to Pay More for Egyptian Gas


Energy Minister Khaled Tukan Toukan announced, Sunday, that his country will sign a new agreement with Egypt for a small part of the natural gas it receives from Israel's western neighbor, according to the Associated Press. Toukan said his country will pay more for the gas than agreed to in one of its existing contracts.

Toukan said Jordan looked for other sources following a series of attacks that have disrupted supplies to the Hashemite kingdom, as well as to Israel but will stay with Egypt's Al-Sharq gas company. Egyptian gas fuels 80 percent of Jordan's electricity. Oil and diesel used during the disruptions of the Egyptian supply have cost Jordan's power company 4.2 million dollars a day.