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Abu Dhabi /Â WAM
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, officially inaugurated, ADNOC’s Al Hosn Sour Gas Development Project, the largest of its kind in the world.
During the tour of the Al Hosn Shah Sour Gas Development Project, Sheikh Mohamed was briefed on the role of the new facility in expanding ADNOC’s production of gas, natural gas, and liquefied condensates and liquefied natural gas.
“The inauguration of Al Hosn Shah Sour Gas Development Project is an important milestone for ADNOC as we maximise the value of Abu Dhabi’s gas resources to meet the United Arab Emirates and the world’s growing demand. It is a prime example of how ADNOC utilises innovative solutions to deliver on our strategic objectives and maintain our competitive edge,†said Dr. Sultan Ahmed Al Jaber, CEO of ADNOC
Vicki Hollub said Occidental was proud to partner with ADNOC on the Al Hosn Shah Sour Gas Development Project, which she described as world–class.
“The scale of the Shah Gas field development is larger than any other ultra-sour gas field in the world. With our collaborative efforts, we have used our combined expertise to deliver the project on time and on budget,†Hollub said.
“The achievements of Al Hosn Gas are a great source of pride for all of us at Occidental. I am personally honoured to be part of this moment in the presence of His Highness Sheikh Mohamed Bin Zayed and I sincerely thank His Highness for being part of this event.
“Occidental is looking forward to the possibility of expanding the Al Hosn Gas project to help the UAE meet its energy needs,†said Vicki Hollub, President, Chief Operating Officer and incoming CEO of Occidental Petroleum.
The $10 billion Shah Gas Development Project will produce 504 million cubic feet of natural gas, 33 thousand barrels of condensates, 4,400 tons of natural gas liquids and 9,900 tons of sulphur granules. In 2015 the facility produced 2 million tons of sulphur and is forecast to produce 3.2 million tonnes in 2016.
ADNOC has a 60 percent majority share in Al Hosn Gas and Occidental Petroleum, a 40 percent share.