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Plans to implement Economic Modernization Vision’s energy axes underway-Ministry

Sectorial committees for natural and sustainable resources, which were formed by government, on Thursday met to lay out an executive plan to implement Jordan’s Economic Modernization Vision.Chaired by Ministry of Energy Secretary General, Amani Azzam, …

Sectorial committees for natural and sustainable resources, which were formed by government, on Thursday met to lay out an executive plan to implement Jordan’s Economic Modernization Vision.

Chaired by Ministry of Energy Secretary General, Amani Azzam, the meeting aims to setting priorities, plans and procedures to be implemented during the 2023-2025 period, according to a statement released Thursday.

The ministry said dialogue went over new initiatives to implement the vision in the energy sector, launch a road map for its transition towards renewable and alternative resources, develop power and electricity stations and outline mechanisms to strengthen grid connectivity with the region’s countries.

In addition, the meeting aimed to setting new energy sector regulations and policies to align with future developments and strengthen partnership between the public and private sectors, carry out exploration operations and feasibility studies for Jordan’s oil, gas and shale gas reserves, integrate technology to reduce emissions and achieve energy efficiency, the statement said.

The participants also went over developing Jordan’s energy infrastructure, endorsing legislation to use hydrogen and attract investments to the sector.

As for the mining sector initiatives, the ministry noted a national mining program will be launched, in addition to reviewing the sector’s legislation and incentives and promoting related investment opportunities.

On future action, the ministry said periodic meetings will be held to identify energy sectors’ priorities and set an executive work program, in cooperation with all concerned stakeholders.

Source: Jordan News Agency