Thursday 25 July 2013

Adnoc sets 2020 as opening target for $10 billion Bab gas project - The National

Adnoc sets 2020 as opening target for $10 billion Bab gas project - The National:

"Abu Dhabi National Oil Company expects to start production at the Bab sour gasfield in 2020, and could award the lucrative construction tenders as soon as 2015.

The project will add more than 500 million standard cubic feet (scuf) of gas to Abu Dhabi's strained supplies, as Adnoc invests heavily to stave off a shortage.

Shell last month clinched the US$10 billion deal to develop Bab, the second sour gas project in Abu Dhabi. An interim agreement between Adnoc and the Anglo-Dutch major outlines the parameters of development."

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