Jordan, Saudi Arabia ink deal to connect power grids

  • Date: 17-Aug-2020
  • Source: Zawya
  • Sector:Economy
  • Country:Jordan
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Jordan, Saudi Arabia ink deal to connect power grids

AMMAN — Jordan and Saudi Arabia on Sunday signed a memorandum of understanding (MoU) to lay out the frame work of joint cooperation to connect the electric power grids of the two countries.Energy Minister Hala Zawati and Saudi Energy Minister Prince Abdulaziz Bin Salman signed the agreement, according to a ministry statement.Zawati, in statement followed the signing ceremony, highlighted the importance of the agreement, which is in accordance with the 2020-2030 comprehensive strategy for the energy sector.“The agreement would make Jordan a regional hub for energy exchange, especially that the Jordanian-Saudi power grid connection would be the starting point of the comprehensive Arab electricity interconnectivity,” read the statement.Lauding the Jordanian-Saudi cooperation in the energy sector, Zawati said that the project enhances sustainable development as well as boosts the stability and