Jordan’s NEPCO targets spot LNG purchases

Jordan's NEPCO targets spot LNG purchases

National Electric Power Company of Jordan is expected to issue an LNG tender soon seeking cargoes from the spot market. 

NEPCO’s managing director assistant for operation and planning, Amani Al-Azzam told Reuters on Thursday that Jordan expects to import around 20 percent of its LNG from the spot market in 2016 and 2017.

He added that Jordan could import up to seven cargoes a year from the spot market in 2016 and 2017, noting that an LNG supply tender could be issued by the end of December, seeking one or two cargoes for delivery in the first quarter of next year.

Jordan’s NEPCO already inked a deal with Shell for the supply of 36 LNG cargoes in 2015 and 2016.

 

LNG World News Staff

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