Government terminates agreement with AREVA

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Home Business Government terminates agreement with AREVA 06-11-2013 10:33 PM Ammon News - (Petra)--Prime Minister Abdullah Ensour said a decision to terminate a uranium mining agreement with the French energy giant AREVA was due to the firm not honoring its obligations, as stipulated in the agreement. In remarks during a Lower House of Parliament session chaired by its speaker, Atef Tarawneh, Ensour said the agreement was cancelled by the previous government on September 24, 2012. He noted that Jordan did not incur losses due to this decision, saying the government confiscated the firm's equipment. Following a debate between deputies about the agreement, MP Jamal Qammo said it was AREVA that terminated the agreement, as exploration for uranium in Jordan is not economically feasible.

Home Business

Government terminates agreement with AREVA

06-11-2013 10:33 PM

Ammon News - (Petra)--Prime Minister Abdullah Ensour said a decision to terminate a uranium mining agreement with the French energy giant AREVA was due to the firm not honoring its obligations, as stipulated in the agreement.

In remarks during a Lower House of Parliament session chaired by its speaker, Atef Tarawneh, Ensour said the agreement was cancelled by the previous government on September 24, 2012.

He noted that Jordan did not incur losses due to this decision, saying the government confiscated the firm's equipment.

Following a debate between deputies about the agreement, MP Jamal Qammo said it was AREVA that terminated the agreement, as exploration for uranium in Jordan is not economically feasible.

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