Shah gas should start production in mid 2014 – CEO

Shah gas project is being developed by Occidental Petroleum and Abu Dhabi National Oil Co
Shah gas should start production in mid 2014 – CEO
GAS DEAL Occidental Petroleum is an untested partner for ADNOC, but analysts and industry sources said its bid had been competitive (Bloomberg Images)
By Reuters
Mon 14 Feb 2011 03:43 PM

Production should begin by the middle of 2014 at the Shah gas project being developed by Occidental Petroleum and Abu Dhabi National Oil Company (ADNOC), a senior official said on Monday.

Occidental won the contract to participate in the sour gas project earlier this year after US major ConocoPhillips pulled out of the bidding in April last year.

The official said the delay in finding a partner should not affect the start of production.

"We're looking to start production by mid-2014. Oxy's staff is visiting and getting onboard," Saif Ahmed Al Ghafli, CEO of Abu Dhabi Gas Development Company, told Reuters on the sidelines of a conference.

Occidental is an untested partner for ADNOC, but analysts and industry sources said its bid had been competitive.

Ghafli declined to give details of the bid, saying only that it had been favourable.

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