Risha Gas Development Project

Strategic Context

Located near the Iraqi border, the Risha Gas Field holds 4.675 trillion cubic feet of recoverable natural gas reserves. This project is critical to reducing Jordan’s reliance on energy imports, enhancing energy security and positioning the country as a regional player in natural gas production.

EMV Driver

High-Value Industries.

Nature of Opportunity

Private Investment Opportunity with a State-Owned Enterprise.

Overview of Opportunity

The project involves the provision of drilling and gas processing facilities and services at the Risha Gas Field. The model for this commercial opportunity partnership is still under consideration. Key project elements include:

Investment Size 

The project  is with an expected  double-digit IRR.

Gas Extraction Development: Drilling over 145 new wells are planned to be developed during the upcoming period leading up to 2030  , to optimize gas extraction.

• Processing and Distribution: Constructing a processing facility with a capacity of 500 MMscfd to meet domestic energy demands.

Qualified companies should contact MOIN to express their interest.

Investors / Partners

The profile of the partner or consortium for this project may include:

• Exploration and Development Specialists: Companies with expertise in gas field exploration and development.
• Processing Facility Innovators: Stakeholders skilled in constructing and operating large-scale gas processing plants.
• Infrastructure Integration Experts: Partners capable of integrating energy projects into the national infrastructure efficiently.
• Marketing capabilities: to sell gas on the international energy market.