Jordan looking to establish new port for the import of crude and derivatives

Jordan is studying constructing a new port on the Red Sea to import crude and petroleum, state-owned Aqaba Development Corporation (ADC) CEO Hussein Al Safadi told Jordanian daily Addustour. The new port could also serve as a conduit for the export of green hydrogen and ammonia, Al Safadi added. The new port could be constructed by ADC or with an external investor, depending on the outcome of the feasibility studies, Al Safadi said.

Crude and petroleum facilities at Aqaba Port have seen an upgrade spree. The first phase of improvements — completed in 2015 — saw throughput capacity at the port doubled to 14 mn tons per annum as well as upgrades to storage and distribution. ADC is about to begin the second phase of upgrades which will see revamps to fuel storage and safety features, Al-Safadi said.