Jordan looks to develop shale and mineral reserves

By IM Staff
Published: Thursday, 26 November 2015

The Middle Eastern kingdom is a major producer of phosphate and also mines a handful of other minerals for domestic consumption and export. The country is now looking to exploit its shale reserves, which are mostly too shallow for fracking, but low oil prices are threatening the plans.

By Paul Cochrane

Jordan, currently a landlocked haven of stability within the turmoil of the Arab Springs, is looking to develop its shale sector, with potential mineral by-products becoming available as a result of the launch of a shale oil industry in the country. Jordan has vast deposits of shale oil, with some estimates...

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