Jordan’s Salam Agrees to Support BP at Risha Gas Field, Rai Says

Jordan’s Salam International Transport & Trading (SITT) signed two agreements with BP Plc (BP/) to provide logistical services for the British company at the Al Risha gas field, Al Rai reported.

The contracts will last for three years each, the newspaper said, citing Ghaleb Shalan, the Amman-based company’s chairman. BP agreed in October 2009 to join Jordan’s National Petroleum Co. to explore and develop the Risha field near the Iraqi border. BP is to spend $237 million to increase output there within three to four years, according to information compiled by Bloomberg. Jordan imports most of its energy needs.

To contact the reporter on this story: Mohammad Tayseer in Amman at mtayseer@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.