Staff Report
Dubai, UAE
ADNOC Gas, the integrated gas processing company based in Abu Dhabi, has awarded a $1.34 billion (Dh4.91 billion) contract to Petrofac Emirates and a Consortium of the National Petroleum Construction Company (NPCC) and CAT International for the expansion of its natural gas pipeline network towards the Northern Emirates.
The new pipeline will extend ADNOC Gas’ existing pipeline network from approximately 3,200 kilometers to over 3,500 km, enabling the transportation of higher volume of natural gas to customers in the Northern emirates. ADNOC is a major supplier of energy to the UAE utilities and other customers. This strategic pipeline extension will drive further growth for ADNOC Gas as it continues to supply sustainable gas supplies in the UAE in support of the company’s strategy to increase its market share and enhance its customer base.
Ahmed Mohamed Alebri, Chief Executive Officer of ADNOC Gas, said: “Our strategic network expansion will bring the advantages of lower-cost, sustainable and cleaner gas to more ADNOC Classification: Public locations across the UAE by enhancing industrial access to natural gas, a cost-competitive and lower-carbon intensive fuel. The expanded pipeline will drive further growth for ADNOC Gas and our shareholders as we deliver on our mandate to achieve gas self-sufficiency for the UAE.”
As part of ADNOC’s highly successful In-Country Value (ICV) program, which aims to enhance the UAE’s local value chain by encouraging local manufacturing and supporting local industries, over 70 percent of the contracts’ value is expected to flow back into the UAE economy.
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