Mubadala Petroleum says Qatar pipeline on track for completion | The National:
"An expansion of the Qatar-UAE gas pipeline is on track to be completed by the end of the year despite the lack of a deal for extra fuel, said Mubadala Petroleum, its majority shareholder.
Work began last year on a US$250 million upgrade to the Dolphin Pipeline’s gas compression facilities, which would allow Qatar to export the full 3.2 billion standard cubic feet that the pipeline was built to accommodate. A little over 2 billion scf comes to the UAE today.
The continued work on the expansion indicates hopes for continued cooperation with Qatar even as a diplomatic spat hinders cross-border business. Earlier this year, Dubai-based Danube put on hold a Dh30m retail unit there, citing an uncertain investment climate, and Qatar Petroleum was reported to have backed away from partners Mubadala Petroleum and Oman Oil in bidding for Occidental Petroleum’s Middle East assets."
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