Abu Dhabi's ADGAS plans major gas production increase

Abu Dhabi Gas Liquefaction Co says expansion plans under study, will start construction by next year

(Photo for illustrative purposes only)

(Photo for illustrative purposes only)

Abu Dhabi Gas Liquefaction Co (ADGAS) said on Tuesday it planned to increase gas production to as much as 2.4 billion standard cubic feet (scf) per day by 2017.

The firm, majority-owned by Abu Dhabi National Oil Co, said its current production was 2 billion scf per day.

"There are expansions under study and we will start construction by next year, to add another 200 to 400 million a day," Fahim Kazim, ADGAS' chief executive, told reporters on the sidelines of a company event in Abu Dhabi.

"The study is finalised but construction will take two to three years, so not before 2017 will the addition come online."

Kazim said that of the current 2 billion scf currently produced, 1 billion was exported and most of it went to Japan, while the other 1 billion went to Abu Dhabi for local consumption.

The Integrated Gas Development (IGD) project came online last year to satisfy demand for electricity in Abu Dhabi, the capital of the seven-member UAE federation.

The planned expansion would ensure that more than 1 billion sfc of gas went to local consumption, Kazim said.

Related:
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

All comments are subject to approval before appearing

Further reading

Features & Analysis
Power to the people in Saudi Arabia

Power to the people in Saudi Arabia

As Saudi Arabia fights to control surging electricity demand...

The upstream movement: Oil producers must invest to avoid another crisis

The upstream movement: Oil producers must invest to avoid another crisis

While oil producers continue to debate a reduction in output...

Saudi's Naimi's battles against Western 'greed' shine light on Aramco IPO

Saudi's Naimi's battles against Western 'greed' shine light on Aramco IPO

Former minister releases memoirs 'Out of the Desert'; reveals...

Most Discussed
sponsoredTracking