Adnoc has announced a major “shallow gas” discovery spanning both sides of the Abu Dhabi-Dubai border. Whilst Abu Dhabi already has plentiful gas reserves, the discovery has the potential to transform Dubai’s energy prospects. Volumes are earmarked for Dubai’s domestic market and, with 80tcf gas in place, the discovery can greatly ease the emirate’s dependence on imports of LNG and piped gas from Qatar.
Adnoc and Dubai’s Dusup (Dubai Supply Authority) have signed a strategic cooperation agreement for further exploration and development of this Jebel Ali shallow gas project. (CONTINUED - 983 WORDS)