The General Manager of Jordan Oil Terminals Company (JOTC) Eng. Kholoud Mahasneh said that the company recently started receiving and storing Gasoline 95 and 90 shipments imported by private sector companies marketing oil products. At the beginning of July, the company will start receiving Gasoline 90 shipments imported by these companies from international markets, Mahasneh added.
There are 3 companies operating in the local market, known as Oil Marketing Companies (OMCs). These are: Total, Al Manaseer and Jopetrol.
In addition, the company began transferring the Kingdom's strategic reserves of petroleum products to Amman strategic facilities in April. The facilities project was implemented with a grant from the Abu Dhabi Fund for Development and within the Gulf grant, at a cost of $ 174.7 million.
These products are stored at Amman Strategic Terminal in the Al-Madouna, in the center of the Kingdom, where JOTC completed a project consisting 6 diesel tanks with 172,000 tons capacity, 4 Gasoline-90 and two Gasoline-95 tanks with 127 thousand tons capacity, two jet fuel with 34,000 tons capacity and 5 liquefied petroleum gas tanks with 10000 tons capacity.
Eng. Mahasneh clarified that, after the operation of these tanks, the Kingdom’s needs for these products will be covered for 34 days for petrol, diesel and jet fuel, while the quantities of petroleum gas will be covered for 10 days.
The Cabinet approved in May the transfer of ownership of oil terminals to the Jordan Oil Terminals Company (JOTC), wholly owned by the government.
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