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Sitting at the center of a volatile region, Jordan continues to play a major role as an anchor for regional stability and has begun its recovery from the COVID‑19 shock, despite the economies struggles with sluggish growth dynamics and structural challenges. Jordan is heavily dependent on fuel imports with limited natural resources, and therefore there is a persistent need for managing the supply chain effectively and efficiently. As a result, JOTC was established to act as the executive arm of the Ministry of Energy and Mineral Resources in the logistics of oil & gas and to manage the strategic stock of petroleum products owned by the government; thus ensuring the safety, security, and sufficiency of Jordan's oil supply. Moreover, JOTC aims to to enhance competition in the oil market by providing storage services in accordance with the principles of open access on a fair and non-discriminatory basis.
We are equipped with the appropriate knowledge and experience to lead in the downstream petroleum industry. We provide a wide array of services that include storage, handling, and transportation of petroleum products through the strategic locations of our terminals, in addition to developing the infrastructure of the oil and gas sector in Jordan.
It's our policy is to conduct the business in a manner that protects the health and safety of employees, contractors, and the community at large as well as sustaining the environment. All our activities are in compliance with the local applicable laws, regulations, and ethics standards. At JOTC, we are committed to following the safest and highest international standards in operating our facilities with the main aim of zero incidents. We also believe in the importance of staff development and having an educated and experienced workforce, that necessarily plays a significant role in meeting our objectives and obligations toward our clients.
With that being said, we look forward to becoming a renowned independent storage provider on local and regional levels. With the expertise our management possesses and the innovation and drive our team has, there is no doubt doubt that JOTC’s leadership in the petroleum and gas sector will become an actuality.