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Under the patronage of the Prime Minister Abdullah Ensour, the Aqaba Development Corporation (ADC), the central development arm of the Aqaba Special Economic Zone Authority (ASEZA), has signed two agreements with a total value of 64 Million Jordanian dinar (JOD).
The first agreement has been inked with a joint venture consortium of BUTEC Lebanon & Ahmad Tarawneh Contracting Company in corporation with Target Co. to construct a Liquefied Petroleum Gas Terminal (LPG) on Engineering, Procurement and Construction bases (EPC).
The second agreement has been signed with a joint venture consortium of BAM International & MAG Engineering & Contracting Co. to construct a Liquefied Natural Gas Terminal (LNG) on Engineering, Procurement and Construction bases (EPC), in the presence of ASEZA Chief Commissioner Professor Kamel Mahadin and and the Minister of Energy and Mineral Resources Mohammad Hamed.
The first agreement was signed by ADC CEO Ghassan Ghanem and BUTEC Lebanon Chairman and Chairman of the joint venture consortium, Dr. Nizar Younis, with a total cost of 17 million JOD. The second one also was signed by ADC CEO Ghanem and BAM International Country Manager and the Chairman of the joint venture consortium Mr. Yoused Salhah with a total cost of 47 million JOD.
The scope of work for the first agreement will include the joint venture consortium adding two breasting dolphins and four mooring dolphins for the jetty, access trestle and ramp, adding two loading arms for LPG handling 8'' diameter and navigational aids, in addition to the on-shore facilities, piping works and firefighting systems.
The second agreement's scope is to add two breasting dolphins and four mooring dolphins, access trestle and ramp, adding two loading arms for LNG handling 12'' diameter and navigational aids, additionally to the on-shore facilities and firefighting systems, moreover, the design of the northern timber jetty to hold the LNG tug boats, and a harbor master administration building and workshop, the jetty top-side and on-shore mechanical and electrical works includes gas process area, and the construction of the gas pipeline towards the tie-in point with existing Jordan transition gas pipeline, additionally to the construction of the marine services administration building.
Mahadin, ADC Chairman and the Chief Commissioner of ASEZA, said that both agreements will change the Aqaba Ports Community and perk up the ports of Jordan system, mainly as it will solve the kingdom's needs for oil and energy, and it comes under King Abdullah II's vision and directions to transform Aqaba into a business and logistics hub in the region.
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