Mubasher: Jordan’s National Electric Power Company (NEPCO) buys 1,320 tons of heavy fuel daily from Jordan Petroleum Refinery Company (Jopetrol) to use it in producing electricity at an equivalent price to the cost of using natural gas, according to NEPCO General Manager Abdel Fattah Al-Daradkeh.

Through this cooperation, NEPCO markets Jopetrol’s products of heavy fuel in accordance with an approval from the cabinet to secure the needs of Hussein Thermal Power Station, Al-Daradkeh said on Tuesday.

NEPCO’s Hussein Thermal power station consumes the daily purchased quantities at a price of JOD 180 per ton, which is equivalent to the cost of producing the same amount of electricity through natural gas that is imported from Aqaba’s port.

“NEPCO now supplies the power stations with about 290 million cubic feet of gas per day, compared to around 350 million cubic feet of natural gas imported from Aqaba in the past,” Al-Daradkeh explained.

The general manager also said that Jordan has enough natural gas to run all the power plants in the kingdom.

NEPCO earlier posted a 2.08% fall in its nine-month profit to JOD 24.6 million.