The Emirates News Agency reported on March 1 that in order to meet local and international market demand and maintain a sustainable and stable supply of natural gas, Abu Dhabi National Oil Company recently launched a new natural gas master plan.
The master plan follows the recently released development strategy and focuses on the application and promotion of new and innovative technologies in a wider range of operations to further improve gas recovery efficiency. There are also plans to exploit more sour gas fields to increase natural gas production. In addition, the natural gas price adjustment mechanism will be reformed to maximize the value of natural gas and create reasonable returns.
In the announced development strategy, the natural gas development plan includes the use of reinjection and other methods to optimize natural gas output, use the increased natural gas output for power generation and seawater desalination plans to increase sour gas production As well as the output of by-products such as sulfur, through close cooperation with major fertilizer markets, we maximize the value of sulfur to support the development of local synthetic ammonia, urea and other sulfur products industries.
At present, its natural gas companies include Abu Dhabi Gas Industries Co., Ltd., Abu Dhabi LNG Company and Hausen Gas Company.
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Baishan Weiye official website information-Abu Dhabi National Oil Company launches natural gas master plan