Saturday 8 February 2020

Jebel Ali gas discovery could end #Dubai's LNG imports by 2025 - The National

Jebel Ali gas discovery could end Dubai's LNG imports by 2025 - The National:

The recent discovery of 80 trillion cubic feet of gas reserves in Jebel Ali would be sufficient to end Dubai’s reliance on LNG imports by 2025 with the UAE looking at tighter integration of its gas infrastructure, analysts say.

Dubai, which consumes around 1.5 billion standard cubic feet of gas a day, much of which is imported, could have a surplus when production begins on the discovered reserves.

“Eighty tcf is plenty of gas, and the first phase of development of this field can supply enough gas to Dubai and they won’t need to import LNG post-2025 because their FSRU [floating storage regasification unit – a vessel used to re-gasify imported LNG] for Jebel Ali LNG terminal is expiring in 2025,” says Siamak Adibi, senior consultant at Facts Global Energy based in London.

Dubai Supply Authority, which will jointly undertake development of the Jebel Ali project with Abu Dhabi National Oil Company, operates an FSRU with a send-out capacity of 1 billion bcf a day.

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