Day: June 16, 2022

Octane 90 gasoline has recorded a price of $1,267.2 per ton, compared to the average price of $1,193.9 in May, an increase of 6.1 per cent.

The price of octane 95 gasoline stood at $1,321.1 per ton, compared to $1,249.7 in May, an increase of 5.7 per cent.

According to data announced by the Ministry of Energy and Mineral Resources on Monday, the price of diesel rose from $1,098.9 per ton to $1,282, a 16.7 per cent increase, and the price of kerosene rose from $1,192 to $1,345.4 per ton, an increase of 12.9 per cent.

The price of fuel oil decreased from $625.5 to $597.5 per ton, a decrease of 4.5 per cent. In contrast, the price of liquefied petroleum gas decreased in June to $750 per ton compared to its price recorded in May, which amounted to $857.5, a decrease of 12.5 per cent.

The price of Brent crude was sold at $126.4 in the first quarter of 2022 per barrel, compared to $112.7 in May.

Source: Jordan News Agency

President of the International Federation of Arab Intellectuals Sheikha Nawal al-Sabah of Kuwait is scheduled to visit Jordan tomorrow to hold several cultural meetings.

According to a press statement issued Monday, the five-day visit includes holding meetings and working sessions with several officials, intellectual, cultural and literary elites in Jordan related to the union, its activities, community activities, and its role in building, upgrading and advancing culture, thought and general societal awareness.

Source: Jordan News Agency

Fuel prices have continued to rise in the UK to unprecedented highs despite the government’s decision to cut fuel prices by 5 pence per litre.

According to the Guardian, the average price of a litre of gasoline has reached 185 pence so far, while a litre of diesel has stood at 191 pence.

The Competition Authority in Britain announced that it will conduct a short and focused review of fuel prices.

Source: Jordan News Agency

Luxembourg Monday said it is freezing Russian assets of over €210 million in a bid to stop the flow of Russian funds to the war against Ukraine.

Reuters cited Luxembourg’s Finance Minister, Yoriko Pax, as saying that Luxembourg froze Russian assets as of Monday. She noted that the decision follows the freezing of other assets last week, with a value of €4.3 billion.

The Ministry was informed of 41 transactions suspected to be related to Russian assets.

Source: Jordan News Agency

Jordan and Egypt Monday held a meeting on implementing the terms of the Memorandum of Understanding (MoU) for cooperation in the field of establishing, operating and developing logistic areas between the two countries.

The MoU was signed on the sidelines of the meetings of the 30th session of the Joint Jordanian-Egyptian Higher Committee last February in Cairo.

According to a statement issued by the Ministry of Industry, Trade and Supply, the virtual meeting highlighted the importance of vigorous follow-up and taking all necessary measures to implement partnership projects between Jordan and Egypt with the aim of strengthening self-sufficiency, especially in food security.

The SG of the Ministry of Industry, Trade and Supply, Dana Zoubi, talked about Jordan’s successful experience in storage, especially in the horizontal storage process of grains (containers), which enabled the Kingdom to raise storage efficiency and its ability to sustain supply chains for these strategic commodities despite global challenges.

She added that the Jordanian government is planning to increase storage capacity to 24 months in 2023.

Al-Zoubi expressed the readiness of the Ministry to share its expertise with Egypt in this field.

The Deputy Minister of Internal Trade and Supply of Egypt, Ibrahim Ashmawy, briefed the gathering about the successful Egyptian experience in establishing, managing and operating a number of logistical zones and strategic warehouses in partnership with the Egyptian private sector, adding that the Egyptian private sector is keen to establish partnerships with the Jordanian private sector to that end.

Source: Jordan News Agency

The Canadian Ambassador in Amman, Donica Pottie, Monday inaugurated the project of the EV Charging Point in Ajloun, the photovoltaic generation system and smart bus shelters in the bus station in downtown Ajloun with a JD120,000 Canadian fund.

Pottie inaugurated the photovoltaic generation system for Ajloun Castle with a capacity of 50 kilowatts which was implemented by the Development Project Economic and Sustainable Energy in Jordan (SEED) to reduce the electricity bill.

Pottie noted that the Canadian government is looking forward to increasing its cooperation with Jordan by drumming up support and establishing eco-friendly projects in renewables.

The Mayor of Greater Ajloun Municipality, Hamza Zogoul, and the Director of the SEED Project, Mohammad Ramadan, signed an agreement according to which the management of the EV charging point project was handed over to the municipality.

Zogoul praised the pivotal role and continued support provided by Canada for Jordan, highlighting the importance of directing external grants to municipalities, as he explained that they are institutions in direct contact with local communities.

Source: Jordan News Agency