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Jordanian Ministry of Energy Official to QNA: Jordan Managing Regional Risks, Affirms Readiness for Rising Oil Prices

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Amman, April 06 (QNA) - An official source at the Jordanian Ministry of Energy confirmed that the current regional escalation poses direct challenges to the reliability of energy supplies and routes in the region, given the uncertainty in the markets and the high level of geopolitical risks.

In a statement to Qatar News Agency (QNA), the official source stressed that Jordan dealt with these developments within an advanced institutional framework and a flexible operational system, which enabled it to maintain a continuous supply without interruption or disruption.

The source explained that the mechanism for dealing with these challenges has moved from reactionary to proactive, managing pre-arranged operational scenarios that take into account the various possibilities related to regional escalation. This allowed for the efficient redirection of operational options and ensured the readiness of supply alternatives when needed; thus, maintaining the stability of the energy system and enhancing confidence in its ability to adapt to changes.

Jordan's Risha Field produces approximately 75 million cubic feet daily, with gas constituting about 58% of the total electricity generated. This reflects the importance of local production in securing the operation of power plants.

Jordan has a strategic electricity reserve sufficient to operate power plants for a full month, while its stock of petroleum derivatives is sufficient for about 60 days. These reserves enhance the country's ability to cope with any potential disruptions in regional supplies.

The source indicated that this proactive approach was directly reflected in the sector’s performance, as it was able to operate within a turbulent regional environment without affecting the reliability of supplies or the stability of the local market. He stressed that operational flexibility has become a pivotal element in managing the energy sector, along with the integration of the system’s components and its ability to respond quickly.

Regarding the repercussions of rising oil prices, the official source told QNA that these increases represent a continuous structural challenge for energy-importing economies, given their multifaceted effects that are not limited to import costs, but extend to include energy generation costs, and their impact on economic activity, in addition to the financial obligations associated with some vital sectors.

In 2025, Jordan’s oil bill reached approximately $3.7 billion, with daily imports reaching 68,200 barrels, reflecting the extent of dependence on imported energy and cost management within flexible financial policies.

The source explained that Jordan succeeded in reducing the severity of these effects by following an integrated mix of flexible policies that focus on efficient cost management and promoting the use of diverse energy sources, which contributed to mitigating the impact of global price fluctuations and maintaining acceptable levels of stability in public finances, without compromising the sustainability of supply or economic balances.

Jordan’s ability to absorb energy price shocks did not come about spontaneously, the source pointed out, but is the result of a cumulative process of developing an integrated energy system based on diversification and flexibility, supported by a ready and adaptable infrastructure, along with a high level of institutional readiness that allows for rapid decision-making and implementation within well-thought-out frameworks.

The source stressed that this integrated system made it possible to contain fluctuations within the operational framework, so that they did not directly affect the stability of supply or the performance of the local market. This reflects a qualitative shift in the efficiency of managing the energy sector, and its transition to a more mature stage in dealing with external challenges.

Government statistics indicate the development of the renewable energy sector. Electricity generated by clean sources reached about 27%, including wind, solar and bioenergy projects. This aligns within a national strategy to promote sustainability and reduce dependence on fossil fuels.

Regarding scenarios for a long-term rise in oil prices, the source indicated that the government has adopted a proactive, long-term strategic approach based on dealing with these scenarios through parallel and integrated paths, focusing on diversifying supply sources, reducing dependence on a single source, and enhancing energy efficiency in various sectors.

He also explained that this approach included expanding the base of available alternatives within the energy mix, and working to build gradual self-sufficiency that ensures long-term supply sustainability, which contributes to protecting the national economy from the effects of continuous fluctuations in global markets, and enhances the country's ability to maintain the stability of the energy sector as one of the basic pillars of economic stability. (QNA)

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