Jordan looks to develop shale and mineral reserves
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.
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