Abu Dhabi National Oil Company (Adnoc) will announce the final $10 billion contract for the treatment of sour gas at the Shah field within a month or two, officials said on Tuesday.
The energy thirsty emirate is seeking to secure sufficient supplies of natural gas to sustain the economic diversification programme, which is based upon clusters of heavy industries including aluminium, steel, petrochemicals and copper.
Abu Dhabi’s natural gas reserves are estimated at 200 trillion cubic feet, the world’s fifth largest, and its daily production stands at about 5 billion cubic feet (bcf) per day.
With the expansion plans, including Dolphin Energy’s pipeline, the emirate is seeking to lift that figure to more than 10 bcf per day.
"With the advances in technology together with the increasing international energy prices it has become more feasible to treat Abu Dhabi’s sour gas reserves," Abdullah Saeed Al Darmaki, Abu Dhabi Basic Industries Company’s (Adbic) vice-president for petrochemicals, said, referring to the high content of hydrogen sulfite in the emirate’s gas reserves.