ADNOC Gas has taken a momentous step towards enhancing the gas-processing infrastructure in the UAE by finalizing a $3.6 billion contract with a joint venture between the National Petroleum Construction Company (NPCC) and Spain’s Tecnicas Reunidas.
This strategic contract encompasses the establishment of cutting-edge gas processing facilities, aimed at optimizing the supply to the Ruwais Industrial Complex. The announcement, made on Wednesday, underlines ADNOC Gas’s commitment to fortify the energy landscape of the UAE.
The expansion initiative is poised to generate substantial economic benefits for the UAE, with more than 70 percent of the contract value anticipated to circulate within the country. This infusion of capital is set to invigorate the nation’s economy, fostering growth and prosperity.
ADNOC Gas’s move aligns with the UAE’s unwavering dedication to bolster its energy infrastructure and fortify its position as a key player in the global energy arena. As the UAE continues to make strides in ensuring sustainable energy production and distribution, this significant contract serves as a testament to the nation’s enduring commitment to progress and innovation.
