Aug. 20 (Bloomberg) -- Jordan will sell water from a planned Red Sea desalination project to Israel in return for about 50 million cubic meters of drinking water a year from the Tiberias reservoir, the Jordan Times reported.
The kingdom will sell Israel water at a rate of 1 dinar ($1.41) a cubic meter and buy from the country at a rate of 0.3 dinar a cubic meter, the newspaper said, citing Prime Minister Abdullah Ensour. The arrangement will help save Jordan the cost of conveying water from the south to the northern governorates of Irbid, Jerash, Ajloun and Mafraq, he said.
Jordan, one of the world’s driest countries, will seek bids this year for a $980 million project to transfer water from the Red Sea to a desalination plant with capacity of 200 million cubic meters a year, the newspaper reported, citing Minister of Water and Irrigation Hazem al-Nasser.
A pipeline will be built from the plant in Wadi Araba to the Dead Sea to discharge the brine. Jordan plans to get $300 million to $400 million in grants for the venture, al-Nasser said, according to the Times.
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