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UAE sees USD 10 billion gas project ready by 2014
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Sunday, 21 Oct 2012
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Reuters reported that Abu Dhabi's huge sour gas development is on track for completion in late 2014 despite the challenges USD 10 billion project faces.

Mr Saif al Ghafli CEO of Abu Dhabi Gas Development Company said that "Our facilities are 60% complete and the drilling is 20% complete. By late 2014 we will be delivering the project. The risks associated with drilling, the size of the facility the environmental and technical issues are some of the challenges that have to be overcome.”

Mr Al Ghafli said that the USD 10 billion project will deliver 500 million cubic feet per day of clean gas as well as condensates, natural gas liquids and sulphur once completed. The costs have been according to the plan. US based Occidental Petroleum was awarded the Shah Gas project early in 2011.

Source - Reuters

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