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2020-02-03 11:40:00

UAE GAS WILL UP

UAE GAS WILL UP

PLATTS - Abu Dhabi National Oil Co., the UAE's biggest energy company pumping some 3 million b/d, and Dubai's gas supplier will develop a new shallow gas reservoir with estimated reserves of 80 trillion standard cubic feet as the UAE seeks gas self-sufficiency.

"ADNOC will deploy capital, technology, and expertise to develop and produce shallow gas resources and conduct further exploration to assess further volumes and firm up development costs," it said Monday in a statement.

"As part of ADNOC's 2030 strategy, the company also plans to tap…

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