ADNOC Gas announced that it has granted a contract to the joint venture between National Petroleum Construction Company Co. PJSC (NPCC) and Tecnicas Reunidas S.A. to expand its gas processing infrastructure in the UAE with costs $3.6 billion.
The scope of the contract includes the initiations of new gas processing facilities which will help ion optimizing the supply to the Ruwais Industrial Complex.
According to the company’s statement, the contract aims to maximize feedstock from ADNOC Gas’ plants to meet future demand from its customers.
Additionally, over 70% of the contract’s value will flow back into the UAE’s economy under ADNOC’s successful In-Country Value program.
On this occasion, Ahmed Mohamed Alebri, Chief Executive Officer of ADNOC Gas, said: “This capital project represents ADNOC Gas’ latest investment in its gas processing infrastructure and underscores our commitment to responsibly meeting our customers’ current and future energy demand for natural gas and its feedstock. The expansion of our gas processing infrastructure will also provide additional energy to the country’s growing industrial section, while stimulating economic growth and diversification through the significant ICV generated by the contract.”