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Wednesday, November 23, 2022

UAE emerging as a regional LNG rival to Qatar?note

The Abu Dhabi National Oil Company (ADNOC) continues to accelerate plans to construct the more than $2 billion LNG export terminal in the emirate of Fujairah, with a capacity of 9.6 million tons per annum.

The Fujairah LNG facility is attracting several international oil companies (IOCs) that are looking to invest in it, as well as potential European importers that are weaning themselves off Russian piped gas.

Tactical Report has prepared a 297-word report to shed light on why the Fujairah facility is becoming more lucrative to European consumers, and which companies are interested in investing in it. 


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