UAE Gas Projects Advancing Towards Completion
The gas-starved UAE hopes to receive at least 2.55bn cfd of additional imported and domestic sales gas from projects scheduled to start up between 3Q13 and 4Q14, temporarily easing the crisis that results in a shortage of at least 2bn cfd of gas each summer.
Al-Hosn, a joint venture (JV) between state-owned Abu Dhabi National Oil Company (ADNOC) 60% and US independent, Occidental Petroleum (Oxy) 40%, is...