Font Size

- Aa +

Sun 13 Jul 2008 04:30 PM

Font Size

- Aa +

Dolphin shortlists three firms for gas pipeline

Greek, Russian, Italian firms in running to build pipeline from Abu Dhabi to Fujairah.

The UAE's Dolphin Energy has shortlisted three companies for the construction contract for a gas pipeline to link the capital Abu Dhabi with the east coast emirate of Fujairah, Dolphin said on Sunday.

Greece's Consolidated Contractors International Co, Russia's Stroytransgaz and Italy's oilfield company Saipem were the three companies left in the running for the contract, Dolphin said in a statement. Six companies bid for the contract, it added.

Dolphin said it expected to award the contract by Aug. 1.

Dolphin imports gas to the UAE from Qatar. The Taweelah-Fujairah pipeline will allow it to pump some of the gas to a new power plant on the east coast.

Mubadala Development Co, run by the government of Abu Dhabi, owns 51 percent of Dolphin. France's Total and US Occidental Petroleum each have a 24.5 percent stake.

Dolphin awarded in December the contract to supply steel for the pipeline to Germany's Salzgitter. (Reuters)

For all the latest energy and oil news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.