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SNOC, Uniper sign MoU to import LNG into UAE

 

Sharjah / WAM

The Sharjah National Oil Corporation (SNOC) and German energy company, Uniper SE, on Tuesday signed a Memorandum of Understanding (MoU), under the auspices of the Sharjah Petroleum Council (SPC), to import the Liquefied Natural Gas (LNG) into the Port of Hamriyah in the Emirate of Sharjah.
First gas deliveries should arrive in Sharjah in the spring of 2018. Gas will flow to the Sajaa gas field complex and then into the existing pipeline network throughout the Northern Emirates. The natural gas will be marketed to existing gas consumers in the region and new business seeking a reliable long term supply of energy.
“We highly value this project which will add to the supply of gas in Sharjah and Northern Emirates to meet the growing demand for energy. The combination of SNOC and Uniper efforts with all their capabilities and experience in natural gas activities will achieve the planned targets,” commented Sheikh Sultan Bin Ahmed Al Qasimi, Sharjah Petroleum Council, Deputy Chairman and Sharjah National Oil Corporation President.
Hatem Al Mosa, CEO of SNOC and Secretary-General of Sharjah Petroleum Council SPC, said, “We recognise the urgent need of the Northern Emirates for a reliable supply of natural gas that can be easily distributed to support large and small consumers, from the big power generators to small businesses. The Sajaa complex has traditionally
been the centre of the gas supply business in the Northern Emirates and it is well placed to continue supporting the region.”

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