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Thursday, November 5 - 2009

Abu Dhabi to invest $25bn in gas facilities

  • United Arab Emirates: Tuesday, May 13 - 2008 at 07:33

State-controlled Abu Dhabi Gas Industries (Gasco) plans to spend about $25bn to build gas-processing plants and pipelines to meet surging demand, reported Reuters. Abdullah Al Darei, maintenance superintendent for the pipelines division at Gasco, said two major gas-processing plants and about 10 new onshore gas pipelines are being built in and around Abu Dhabi over the next five to six years.

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