VOL. XLIV

No. 21

21-May-2001

UAE

Gasco Takes Over Atheer Management But Operations Remain Separate; More Mergers Likely

Abu Dhabi National Oil Company (ADNOC) is finalizing the details of the integration of two of its subsidiaries, Abu Dhabi Gas Industries Ltd (Gasco) and Abu Dhabi Gas Company (Atheer), which took effect on 28 April. Under the first phase of an integration plan (see Diagram 1) Gasco has taken over the joint operating management of the two companies, with Gascos 'Abd Allah...