|01-13-2015, 03:18 PM||#1|
UAE to import more fuel from Qatar via Dolphin pipeline
The United Arab Emirates seeks to import more fuel via the Dolphin gas pipeline amid concerns about securing the best price possible for its natural resources.
The UAE gas supply crunch continues to thwart the future of the country`s power needs, but the Emirati government recently announced plans to imports more gas from Qatar, as extremely low gas prices makes imports through the Dolphin Pipeline a more attractive proposition for the country than developing the relatively-expensive-to-produce domestic gas reserves.
Energy Minister Suhail Al Mazouei addressed this issue at an industry presentation in Abu Dhabi on Monday, where he announced plans for the UAE including boosting the imports of liquefied natural gas and developing the country`s deposits.
The Dolphin brings natural gas from Qatar offshore fields via undersea pipeline from the Ras Laffan processing plant to receiving facilities at Taweeleh, where it can then be shipped on to Fujairah and Oman via overland pipeline.
Al Mazouei said his country expects a “significant shift in supply dynamics of gas” by 2014.
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