New LNG terminal in Aqaba to open before end of May
Jordan’s new LNG terminal at Aqaba has now been completed and will officially open on May 25th, the Aqaba Special Economic Zone Authority has announced.
The new terminal has been developed by the authority’s investment arm, the Aqaba Development Corporation (ADC) as part of a US $1.4-billion port development master plan for the years 2005-2030.
According to the corporation’s CEO Ghassan Ghanem, the LNG terminal, created to import liquefied gas as one alternative to the costly heavy oil used to generate electricity, is one of four energy ports, including the oil terminal, which is in the “hot operation status”.
The third is the LPG terminal, which is also fully operational now, after upgrades that reduced unloading time by 50%.
ADC has also funded the development of a new industrial jetty and the upgrading of an existing one to half cargo handling time, while a miscellaneous liquefied gas terminal is also due to be developed.
The container terminal at Aqaba has also received an upgrade, with four berths fully operational, equipment upgraded and storage areas increased, at a total cost of US $423-million.
Ghanem added that new berths have been added to the passenger terminal.
The New Port is the highlight of ADC’s master plan for ports. The plan entails the relocation of all port activities from the urban areas of the country to the southern tip of the region.