UAE Goes LNG Import Crazy: Sharjah Follows Dubai And Abu Dhabi

The UAE is a net gas importer and last week inked a deal to increase piped imports from Qatar. But, amid political competition between the emirates, that hasn’t stopped Sharjah this week joining Abu Dhabi and Dubai in signing up to import LNG.

According to an MoU signed this week between Sharjah National Oil Company (SNOC) and German energy trader Uniper, SNOC will receive LNG from spring 2018 via a floating storage and regasification unit (FSRU) to be moored at the Port of Hamriyah.

A Uniper spokesman confirmed the deal to develop an FSRU import facility, without giving any detail on the amount of LNG supplies, the necessary infrastructure development, or the duration of a potential sales and purchase agreement. (CONTINUED - 916 WORDS)

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