BY ECONOMIC & FINANCE REPORT
The Jordanian kingdom has stopped a business deal worth approx $15 billion dollars for Israel’s oil and gas supply, reported by the Jordanian Ministry of Energy and Mineral Resources.
Instead the Jordanian govt has stated that it will sign a mega gas/oil production deal with BG Group PLC, which is located outside the Gaza strip. The previous deal which has now been suspended; was with giant Israel based oil and gas company, Noble Energy (NBL). The deal was supposedly worth north of $15 billion dollars.
Jordan is doing this deal with tje BG Group PLC because of the halting of the gas/oil pipeline in Egypt, which affects the region especially Jordan directly. There has been constant pipeline bombings in Sinai, Egypt disrupting the production and output in the region.