Amman – Business News Report|| Jordan is initiating measures to strengthen its oil and fuel storage capabilities by relaunching a tender for technical and consulting services. The initiative aims to assess existing capacities and define future needs, addressing growing concerns over global energy supply volatility.
The Ministry of Energy and Mineral Resources announced the tender on Sunday, October 18, 2026. The project seeks to engage specialized local and international firms to develop storage infrastructure and improve efficiency according to international best practices.
Strategic Infrastructure Development
This move comes as geopolitical tensions and supply chain disruptions increase market volatility. Nations are revising plans to secure fuel needs and raise emergency readiness levels. Jordan aims to establish a comprehensive strategy for expanding storage facilities that balances technical requirements with economic and commercial considerations.
The evaluation plan includes determining future requirements and studying strategic opportunities to develop infrastructure. This prepares a holistic vision for expanding storage systems, ensuring resilience against potential external supply interruptions through targeted investments.
Tender Requirements and Eligibility
The ministry requires applicants to possess at least ten years of experience in oil sector consulting projects. Candidates must provide details of three similar projects completed within the last decade. Previous work must demonstrate expertise in fuel derivative storage studies, strategic reserve planning, and energy infrastructure development.
Applicants must also show capability in conducting necessary economic and technical assessments to support investment decisions regarding storage facilities. The project involves preparing feasibility studies, technical evaluations, and master plans for storage sites while exploring ways to optimize available capacity efficiency.
Bidding Procedures and Deadlines
The ministry set October 20, 2026, as the final deadline for receiving inquiries and clarification requests. Interested companies are urged to send questions via a dedicated email address, copying specified relevant authorities. All communications must adhere strictly to official protocols outlined in the tender documents.
Submitters must provide a bid bond worth nine thousand dollars issued by a local bank. The bond must be enclosed in a separate sealed envelope containing the official tender number and name, addressed to the Minister of Energy and Mineral Resources in their official capacity.
The bid bond validity period is one hundred twenty days from the submission date, matching the offer validity period. This ensures company commitments remain intact during proposal review and selection procedures. Companies must verify document availability on the official website and ensure applicant names match commercial registry records.
This step reflects Jordan’s long-term planning approach for storage facilities. As global oil and fuel market disturbances persist, countries are reevaluating reserves and enhancing coping capacities for supply fluctuations, prioritizing national energy security above all else.
This story was produced in the newsroom from the disclosed sources named above.
