KSA to drill seven tests shale gas wells.

[Armstrong]

Never heard of it, we have no coal.

Turkey, I believe, has loadz of it but Coal Powered Plants is the way we're going towards because (i) we've got tonnes upon tonnes of it & (ii) even if we didn't its very cheap to produce electricity from it !

On the Hydro-Electric thing - Are you telling me that Jordan doesn't have any Dams ?

 

[Yzd Khalifa]

Not to us, young man, India to us is what Iran is to you ! I won't lie but we didn't exactly feel on the top of the world when we saw your relations warming up with India to such an extent & I'm sure most of our policy makers took that as a sign that if economics is what it all comes down to then why in God's name have we maintained such cold & indifferent relations with Iran - Someone we don't even have a problem with when our decisions & our actions aren't being reciprocated by others ?

KSA doesn't do a thing with India before consulting Pakistan BTW . As for Iran, I can't tell a lie tha if I were a Pakistani I will never oppose their proposal to you guys

I haven't heard of such an opposition to oil shale, it's actually the other way around, the majority are just glad of starting exploiting our natural resources that would definitely contribute heavenly in Jordan development as well as reduce our dependence on conditional foreign supplies that sometimes is on the expense of our national interests. Nevertheless, we desperately need energy supplies in the short run, it took from the gov to lift subsidy on energy and is going to do so with electricity as our budget can't afford such a subsidy anymore especially after the recent huge influx of refugees. I just hope GCC understand the hard situation Jordan is going through and act upon it.



Never heard of it, we have no coal.

Well, A Jordanian friend of mine working with Sabic, told me about the opposition.

And that's why we need Jordan in the GCC more than ever.

 

[BLACKEAGLE]

Turkey, I believe, has loadz of it but Coal Powered Plants is the way we're going towards because (i) we've got tonnes upon tonnes of it & (ii) even if we didn't its very cheap to produce electricity from it !

On the Hydro-Electric thing - Are you telling me that Jordan doesn't have any Dams ?

We don't have rivers to have dams, our dams is for water storage mainly from rain. Jordan is the third driest country in the world.

 

[Armstrong]

We don't have rivers to have dams, our dams is for water storage mainly from rain. Jordan is the third driest country in the world.

But Thermal isn't the way to go because you'd be burning Oil or Natural Gas which means any increment in world Oil Prices & your cost of production goes up ! Now if you end up giving subsidy on it so as to cut down on some of that cost for the end-users of that electricity you risk running into cyclical debt.

The above is exactly how we managed to foOk up our Energy Sector so badly that we're now into billions of $$$s of debt !

 

[BLACKEAGLE]

Well, A Jordanian friend of mine working with Sabic, told me about the opposition.

And that's why we need Jordan in the GCC more than ever.

If there was a REAL opposition I must have heard about it but there wasn't actually, I mean who is this lunatic who could oppose exploiting oil shale that would change our lives? After-all, Oil shale was exploited before and proved it's success in Estonia, Brazil, the USA, Canada and China. Maybe you meant the opposition to the nuclear project, yes there was a fierce opposition to it, but it will be built though.

Jordan close to commissioning two nuclear reactors, declines to sign accord with U.S. - Washington Post

http://jordantimes.com/six-intl-firms-bid-for-jordans-first-oil-shale-fired-power-plant

 

[T-123456]

@BLACKEAGLE
Tbqh, I'm not worried about digging it out or whatever. What troubles me is that both of Jordan and Turkey need natural gas these days more than crude oil itself. @T-123456 mentioned something important a few days ago. If we could install a pipeline from the West coast of KSA to Jordan and then Turkey it will be a great idea, you know?
@Armstrong
I think the US is more concerned about the new naval base Pakistan intended to build more than the iranian oil pipeline. If the naval base is built, then I guess Pakistan will bulid a seaport as well, not far from the Arabian Gulf. As such, Pakistan and the GCC will bulid an oil pipeline on their own, and that could get to China easily.



You guys are our besties

They can have their gift baskets,i only want the Arabian princes bringing the baskets.

 

[BLACKEAGLE]

But Thermal isn't the way to go because you'd be burning Oil or Natural Gas which means any increment in world Oil Prices & your cost of production goes up ! Now if you end up giving subsidy on it so as to cut down on some of that cost for the end-users of that electricity you risk running into cyclical debt.

The above is exactly how we managed to foOk up our Energy Sector so badly that we're now into billions of $$$s of debt !

It used to be financially unfeasible, but after the skyrocket price of oil it became lucrative and will generate thousands of jobs and billions of dollars. As for the subsidy, it was lift, Jordanians now pay world market prices for oil and soon for electricity.

 

[Armstrong]

It used to be financially unfeasible, but after the skyrocket price of oil it became lucrative and will generate thousands of jobs and billions of dollars. As for the subsidy, it was lift, Jordanians now pay world market prices for oil and soon for electricity.

For Oil Producing countries - You aren't an Oil Producing country, I presume ?

What this means is that higher costs of production in the Energy sector means a higher cost of production for the Services & the Manufacturing Industry which in turns means that your Exports are that much cheaper & possibly, from a cost point-of-view, not competitive enough anymore.

I don't know how that adds up for you guys. KSA, UAE, Iran etc. can burn Oil for Electricity because they've got sh*t loads of it & they're not affected adversely by rising Oil prices but how can Non-Oil producing countries afford to have such a costly Energy-Production mix ? Otherwise China & other up & coming economies including Turkey would have most of the energy thermal powered !

 

[BLACKEAGLE]

For Oil Producing countries - You aren't an Oil Producing country, I presume ?

What this means is that higher costs of production in the Energy sector means a higher cost of production for the Services & the Manufacturing Industry which in turns means that your Exports are that much cheaper & possibly, from a cost point-of-view, not competitive enough anymore.

I don't know how that adds up for you guys. KSA, UAE, Iran etc. can burn Oil for Electricity because they've got sh*t loads of it & they're not affected adversely by rising Oil prices but how can Non-Oil producing countries afford to have such a costly Energy-Production mix ? Otherwise China & other up & coming economies including Turkey would have most of the energy thermal powered !

I was talking about oil shale, we have 36 bn Barrels of equivalent oil, Production is going to start in 2016.

 

[Yzd Khalifa]

If there was a REAL opposition I must have heard about it but there wasn't actually, I mean who is this lunatic who could oppose exploiting oil shale that would change our lives? After-all, Oil shale was exploited before and proved it's success in Estonia, Brazil, the USA, Canada and China. Maybe you meant the opposition to the nuclear project, yes there was a fierce opposition to it, but it will be built though.

Jordan close to commissioning two nuclear reactors, declines to sign accord with U.S. - Washington Post

http://jordantimes.com/six-intl-firms-bid-for-jordans-first-oil-shale-fired-power-plant

Well, I guess you're right then I couldn't find a thing online about such an opposition. But, maybe some concerns could have been raised on expertise level or something like that.

I was talking about oil shale, we have 36 bn Barrels of equivalent oil, Production is going to start in 2016.

In 2016? Awesome! Best of luck guys!

 

[BLACKEAGLE]

Well, I guess you're right then I couldn't find a thing online about such an opposition. But, maybe some concerns could have been raised on expertise level or something like that.



In 2016? Awesome! Best of luck guys!

Yes, there were concerns but it can't be called "opposition" at all. I haven't heard anybody opposing exploiting oil shale which would turn our lives upside down. I think I have read once that the environmental effects will be considerably reduced by a new tech. However, work has already started to set up installations to produce oil from shale in the next few years, so the ship has sailed.

 

[Yzd Khalifa]

Yes, there were concerns but it can't be called "opposition" at all. I haven't heard anybody opposing exploiting oil shale which would turn our lives upside down. I think I have read once that the environmental effects will be considerably reduced by a new tech. However, work has already started to set up installations to produce oil from shale in the next few years, so the ship has sailed.

Oh sure, concerns are different at this point then.

Jordan will bill-gate soon!

 

[Yzd Khalifa]

@Arabian Legend
What do you think about that shale project ?