Abu Dhabi is pumping nearly $10 billion (Dh37bn) into projects to expand its gas output capacity despite plans by several Middle East nations to shelve key hydrocarbon projects because of the global financial turmoil.
The government-controlled Abu Dhabi Gas Industries Company (Gasco), the main onshore gas operator in the emirate, said the projects will increase the firm's production in five years.
"The projects are in line with Adnoc's general plans to expand its sustainable oil and gas production capacity by developing its associated and non-associated gas resources," Gasco general manager Mohammed Al Suwaidi told Adnoc's quarterly bulletin, Adnoc News.
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