Middle East Economic Survey
VOL. LIII
No 35
30-Aug-2010
UAE
TAQA Boosts Dutch Gas Storage Stake
State-controlled Abu Dhabi National Energy Company (TAQA) said on 26 August that it aims to boost to 60% its stake in a Dutch gas storage project it is jointly developing with Russias Gazprom.TAQA said it signed a deal to transfer the 24% stake in the Bergermeer Gas Storage project owned by Dutch upstream firm Dyas, Energie Beheer Nederland and Petro-Canada, subject to approval by the Dutch government.
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