From: Estonian Public Broadcasting
Fresh off a trip to Jordan where he mainly discussed Estonian state energy projects with the prime minister of the shale-rich country, Foreign Minister Urmas Paet has emphasized that the activities of Eesti Energia must be profitable.
“Eesti Energia began exploring Jordanian oil shale back in 2006. Today there is a concession agreement in place with the government of Jordan, according to which Eesti Energia will invest in extraction of Jordanian oil shale and production of electricity and oil from it. At the same time, this project must be profitable.”
Paet said Estonia was also looking into cooperation between Estonian and Jordanian higher education institutions and joint training projects.
Paet noted that Jordan still depended on other countries for its energy supply and said that adopting oil shale for power generation would be a guarantee of energy security – a theme that is important for Estonia.
On his trip earlier this week, Paet met in Amman with Prime Minister Abdullah Ensour, the country’s energy and natural resources minister Alaa Aref Al Batayneh and the environment and tourism minister Nayef Hmeidi Al Fayez.
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