For Free Headlines Submit Your Email
Sunday, February 12, 2012 15:33 GMT
Abu Dhabi Gas Liquefaction Company (Adgas) expects to bring online fresh production from its offshore plant at Das Island in the second quarter, Deputy General Manager Hasan al Marzooqi said. Around 85% of the liquefied natural gas produced at Das Island is exported to Japan’s Tokyo Electric Power Company. Adgas, a subsidiary of the state-owned Abu Dhabi National Oil Corporation (Adnoc), plans to commission about 211 Mscf/d of gas production in the second quarter, deputy general manager of Adgas said in an interview with the Energy Exchange. “Development is proceeding very well and we are on schedule to commission around the end of the second quarter of 2010, when we will send for the first time offshore gas to onshore facilities,” he said. Adgas will operate and maintain the subsea pipeline after commissioning. The engineering procurement contracts are at present managed by Gasco. All offshore associated gas and integrated gas development packages are in the final stages of construction with all integrated gas packages awarded in July 2009, he said. Adgas had also ruled out any plans to increase LNG exports at this stage. “The main focus for us is to satisfy our current contractual obligation for exports and to meet the local demand of gas,” he said. The global crisis pushed Adgas to speed up awarding major packages last year to take advantage of better prices, he said, adding that it also increased the number of competing contractors, especially from the Far East. - Upstream