image description
image description
Tell A Friend

FinancialNews


  • 29-11-17

    ADNOC to boost gas, downstream with USD109b budget

    (MENAFN) Abu Dhabi National Oil Co (ADNOC) will spend more than Dhs400bn (USD109bn) in the next five years, which will include boosting gas output and investing in international downstream activities, ADNOC said on Monday.

    Abu Dhabi's Supreme Petroleum Council (SPC) has approved the strategy, said ADNOC in a statement.

    To boost gas output, the firm said it would expand production of sour gas, which typically has high levels of hydrogen sulphide that needs to be removed.

    MENAFN2911201700450000ID1096163377

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved