ADNOC Gas receives a USD 3.6 billion contract to upgrade the infrastructure for processing gas
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ADNOC Gas apportioned USD 3.6 billion to the alliance between National Petroleum Construction Company Co. PJSC (NPCC) and Tecnicas Reunidas S.A. This initiative targets a comprehensive expansion of the nation's gas processing infrastructure, primarily catering to the Ruwais Industrial Complex.
The ambitious Maximizing Ethane Recovery and Monetization (MERAM) project sets twin goals. First, to amplify ethane extraction by 35-40% from its existing facilities in the Habshan complex and, second, to capitalize on the current feedstock, channeling it to Ruwais through a dedicated 120 km NGL pipeline.
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Remarkably, over 70% of the contract's value is set to circulate back into the UAE economy, thanks to ADNOC's efficient In-Country Value (ICV) program, playing a pivotal role in the nation's economic augmentation and diversification.
With natural gas posing as a pivotal, eco-friendlier transitional fuel, and a key industrial component, ADNOC Gas is strategically tapping into ADNOC's holistic gas blueprint. This masterplan meticulously interlinks every facet of the UAE's gas sector, ensuring a consistent and economical gas supply to satiate both domestic and global demands. This intricate strategy also encompasses innovative methods and tech solutions, designed to heighten gas retrieval from established fields while exploring untapped potentials.
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According to Procurement Resource, ADNOC Gas is investing USD 3.6 billion on cooperative effort of NPCC and Tecnicas Reunidas S.A. to upgrade UAE's gas infrastructure for Ruwais Industrial Complex. The MERAM project concerns the enhancement of ethane extraction and streamline feedstock delivery through a 120 km NGL pipeline. The In-Country Value program ensures that 70% of this investment will boost the UAE economy. Embracing natural gas's eco-friendly potential, ADNOC Gas adopts ADNOC's strategy for sustainable supply and advanced extraction techniques.
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