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Egypt more than doubles gas price to Jordan

A new price of over $5 per million BTU will be charged for natural gas supplied to Jordan

Reuters, Monday 24 Oct 2011
Views: 1245
Views: 1245

Egypt's petroleum minister said on Monday the new price it had agreed for gas exported to Jordan was just above US$5 per million per British Thermal Unit, more than double the previous price it charged the Arab state.

"It's slightly above $5 (per million BTU) for the same quantities that we had agreed to before," Petroleum Minister Abdullah Ghorab told reporters when asked about the new price, adding that the previous price was $2.15 to $2.30.

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