King Abdullah had been preparing to rejuvenate the region, and what had better proven itself to do so than the black gold beneath the sands, oil. Jordan, even with its recent annexations, still had no oil reserves. However, there were existing and new pipelines being constructed to end in Haifa, now occupied by Jordanian forces from the 24 Day War. The Anglo-American Oil Company and the Esso Company had also already constructed a refinery that could handle 4 million tons of crude oil annually. Abdullah estimated that once the Trans-Arabian pipeline and the Kuwaiti pipeline were finished in construction, there would be 36 million tons of crude oil arriving annually. He aimed to offer these two companies their usual share of 80% of the profits while he receives the remaining 20%. He aimed to at least double the size of the refineries, but is open to see how large the companies would be willing to invest in the Haifa refineries.