ADNOC Gas Awards $1.34B Contract for New Natural Gas Pipeline

ADNOC Gas Awards $1.34B Contract for New Natural Gas Pipeline

ADNOC announced that it has awarded a contract of $1.34 billion to Petrofac Emirates LLC and the Consortium between National Petroleum Construction Co. PJSC and C.A.T International Ltd. to expand its natural gas pipeline network.

A company statement added that the new pipeline will extend ADNOC Gas’ existing pipeline network from approximately 3,200 kilometers (km) to over 3,500km. This will enable it to transport large volumes of natural gas to customers in the Northern emirates in UAE. It will also help further growth for ADNOC Gas which will keep its sustainable gas supplies and boost its market share.

On this occasion, 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 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.”

It should be noted that 70% of the contracts’ value is expected to flow back into the UAE economy.


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