Post on 03-Jun-2018
8/12/2019 Jordan's Unutilized Energy Resources
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REASONS There are many reasons as to why these energy sources are not
extracted : Heavy Budget requires Not enough investors Environmental risks Political tensions Possible shift to renewable energy
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BUDGET
Jordans economy is relatively humble andtaking up several explorations and extractionswill need a large amount of money and this willbe very difficult to facilitate given the currentrecession and Syrian refugee infllux.
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RENEWABLE ENERGY Recently, there have been ongoing talks to leave out the
explorations and extractions and rather switch to buildingwindfarms and solar farms
This will in turn also be more environmentally friendly However it is still not practical is building solar panels is very
costly
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POLITICAL TENSIONS
Jordan has met serious tensions fromIsrael regarding exploring near the
dead sea There is also serious dispute regarding
the Jordan River raft
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LIST OF COUNTRIES BY URANIUM RESERVESRanking: Country: Amount:
1 Australia 1,243,000 (world's percentage:23% )
2 Kazakhstan 817,000 (world's percentage: 15% )
3 Russia 546,000 (world's percentage: 10% )
4 South Africa 435,000 (world's percentage: 8% )
5 Canada 423,000 (world's percentage: 8% )
6 USA 342,000 (world's percentage: 6% )
7 Brazil 278,000 (world's percentage: 5% )
8 Namibia 275,000 (world's percentage: 5% )
9 Niger 274,000 (world's percentage: 5% )
10 Ukraine 200,000 (world's percentage: 4% )
11Jordan
112,000 (world's percentage: 2% )
http://www.energy.eu/stats/energy-uranium-proved-reserves.htmlhttp://www.energy.eu/stats/energy-uranium-proved-reserves.html8/12/2019 Jordan's Unutilized Energy Resources
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URANIUM RESERVES
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OIL SHALE
Significant oil shale deposits arelocated in Jordan (5.242 billionmetric tons of shale oil or 65billion metric tons of oil shale)and Israel (550 million metrictons of shale oil or 6.5 billionmetric tons of oil shale).Jordanian oil shales are high
quality, comparable to westernUS oil shale, although theirsulfur content is high.
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Even with all the presented facts, local and foreigncompanies have failed to take advantage of them.
Jordan heavily relies on Egypt for gas and Iraq for oil inorder to obtain electricity.
Several foreign companies try to sign exploration dealsnear the dead sea but these deals are never finalized
to economic and political pressure
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SOLUTIONS
Cooperation with GCC Providing interest rates for first 10 years of
operation Easing political tensions
Encouraging the study of energy Expanding research
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CITATIONS http://commons.wikimedia.org/wiki/File:Uranium_Reserves.png http://www.world-nuclear.org/info/Nuclear-Fuel-Cycle/Uranium-
Resources/Supply-of-Uranium/#.UYaDKbVTCSo http://3.bp.blogspot.com/_NM2IRiqDdW0/SwiDxo1WppI/AAAAAAAAACU/lZn
6Z-vSaRc/s1600/Uranium+Reserves+-+WW.jpg
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