Jordan’s growing dependence on LNG imports is widening the kingdom’s trade deficit and forcing it to rely on external aid.
Jordan registered a trade deficit of $630 million in March 2016 – its highest level since November 2014. The kingdom became an LNG importer in May last year, and its appetite for the fuel has grown substantially since then. Jordan imported 1.54 mt of LNG in H1 2016, much higher than the 80,000 tons it imported during the same period last year.
Log in or register for a free trial to continue reading this article
Already a subscriber?
If you already have a subscription, sign in to continue reading this article.
Sign inNot a subscriber?
To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.
Sign up