According to a statement from the UK embassy in Amman, the Jordanian government has given formal approval to an agreement signed in March for British company Jordan Energy and Mining Ltd. subsidiary Karak International Oil to develop Jordan’s oil shale resources.

The agreement allows Karak International Oil, which has already invested $30 million, to use thermal cracking and retorting technology to extract and process oil shale in a 13.5 square mile concession in Lejjun, Karak.

According to