Abu Dhabi is reportedly delaying the construction of the UAE’s first land-based LNG import terminal after contracting a floating liquefied natural gas unit.
Citing sources familiar with the matter, Bloomberg reports the Abu Dhabi National Oil Company has secured the services of an FSRU due to commence operations later in the year.
The vessel is to be located at Ruwais on the Persian Gulf coast, an industrial town with the existing oil refinery and crude-loading port.
The company is also going over options additional options for the onshore facility in the port of Fujairah. The facility would have on-site gas storage capabilities, an LNG reloading station, and an LNG bunkering station, the report reveals.
The planned land-based facility would have the capacity to import 9 million tons of LNG per year and supply an average of 1.2 billion standard cubic feet per day of natural gas to the country’s power sector, EmiratesLNG’s website reveals.
EmiratesLNG was established in 2012 as a joint venture between Mubadala Petroleum and the International Petroleum Investment Company.
LNG World News Staff