AMMAN: Following is a list of the signed agreements: Memorandum of Understanding (MoU) for the construction of a 1-gigawatt cluster of solar and wind projects under a 20-year power purchase agreement (PPA) between Chinese Firm Hanergy and Ministry of Energy and Mineral Resources MEMR at a value of $1.5 billion. Hanergy will grant the ministry $310 million to upgrade the local grid capacity.
Letter of Intent for a liquefied natural gas sale and purchase agreement between British Gas Corporation and MEMR at a value of $6 billion worth of gas purchase over 20 years. A 20 year PPA between Green Watts and NEPCO for an 82MW wind farm in Al Rajef at a value of $174m. MoU for the exploration and development of oil shale between Canadian firm Questerre Energy Corporation and MEMR at a value of $35.5 million.
Agreement for the exploration of oil and gas at Hamzah Oil Field between Canadian firm Transeuro and MEMR at a value of $21 million and an oil and gas exploration agreement with Canadian firm Ammonite Energy and MEMR at a value of $7 million.
