Middle East Economic Survey

VOL. LII

No 29

20-Jul-2009

UAE

GASCO Makes Multi-Billion Dollar Gas Contract Awards

Abu Dhabis state-owned GASCO made the long awaited award of a series of major contracts relating to its Integrated Gas Development (IGD), the project winners announced on 17 July. Japans JGC Corporation and its partner Italys Tecnimont have won a $4.7bn contract for the 2bn cfd Habshan 5 gas processing plant, a 5,000 tons/day sulfur recovery unit and 1.2bn cfd NGL recovery plant. The...