Oil shale MOU with Al Majara is non-binding: Minister says

[05-02-2023 02:36 PM]

Ammon News - Minister of Energy and Mineral Resources, Saleh Kharabsheh, said that the memorandum of understanding with Al Majara Company for the exploitation of oil shale in Al Lajjun area is non-binding.

Kharabsheh added, during a meeting with the Parliamentary Energy Committee on Sunday, that the company will study 15 kilometers in Al Lajjun area, stressing that there is no responsibility or expense for the government.

He pointed out that the memorandum is for 24 months, and the company's capital is 5,000, noting that more than one company can be placed on that area.

The executive agreement will be approved in the event of its completion through the House of Representatives in a timely manner, Kharabsheh said.

He indicated that the feasibility studies that will be submitted if the government does not like it will not lose anything.

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