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Adnoc, Dolphin Energy sign 25-year agreement
- United Arab Emirates: Tuesday, June 17 - 2008 at 10:18
Abu Dhabi National Oil Company (Adnoc) and Dolphin Energy Limited have signed a 25 year agreement for Dolphin to lease and operate Adnoc's Eastern Gas Distribution System (EGDS) in Abu Dhabi. The EGDS is currently used to supply gas to Adnoc's customers in Abu Dhabi and Dubai and will be leased by Dolphin to deliver the company's processed gas from Qatar to customers across the UAE, and shortly to Oman. The lease agreement replaces a temporary access agreement and interim transportation agreements with Adnoc, according to a statement.
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Jeff Florian, Senior ReporterTuesday, June 17 - 2008 at 10:18 UAE local time (GMT+4)
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