Wednesday 2 May 2012

UPDATE 1-Abu Dhabi's TAQA to start work on Dutch gas project | Reuters

Abu Dhabi National Energy Co (TAQA) will begin work on the delayed Dutch Bergermeer gas project in July after winning approval from the country's highest administrative court to start operations, it said on Wednesday.

The joint venture project with EBN, an independent company with the Dutch State as its sole shareholder, was suspended due to environmental concerns, with the administrative court asking for additional tests to be done.

"The decision of the Council of State is the final stage of a transparent and meticulous process in which environmental concerns have been of the absolute highest priority," TAQA said.  TAQA, which is 75-percent owned by the government of Abu Dhabi, said ten of the eleven competent authorities had earlier approved the project, including the national parliament.

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