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Thursday, 19 September 2013

Jordan, China in $2.5 bn deal for oil-shale plant

Jordan and China have inked a memorandum of understanding to build a $2.5 billion (1.8 billion euros) oil shale-fired power plant in the kingdom to produce 900 megawatts of electricity, media said Thursday.


Under the agreement, signed Wednesday in Beijing during a visit of King Abdullah II, a consortium of China’s Shandong Electric Power Construction Corporation (SEPCO III) and HTJ Group as well as Jordan’s Al-Lajjun Oil Shale Company will build the power station in the southern city of Karak.


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AFP via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/IZdYRHKaJxw/

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