Abu Dhabi—Mubasher: ADNOC Gas and its subsidiaries awarded three contracts for an LNG pre-conditioning plant (LPP) with a combined value of $2.10 billion.
The awards cover the compression facilities and transmission pipelines to supply feedstock to the Ruwais LNG Project, according to a press release.
The LPP and compression facilities will be located within ADNOC Gas’ Habshan 5 plant.
The five plants of the Habshan Complex have a combined daily capacity to process 6.10 billion standard cubic feet of gas.
The newly awarded transmission pipelines will connect the Habshan Complex with the Ruwais LNG facility.
Valued at $1.24 billion, the largest contract was awarded to a consortium consisting of Engineering for the Petroleum and Process Industries (ENPPI) and Petrojet.
A $514 million agreement for transmission pipelines was awarded to the China Petroleum Pipeline Engineering Company. Meanwhile, Petrofac Emirates LLC will develop the new compression facilities under a $335 million contract.
Fatema Al Nuaimi, CEO of ADNOC Gas, said: “These contract awards reaffirm ADNOC Gas’ commitment to delivering sustainable growth and maximising shareholder value.”
“The awards also underline our commitment to making strategic and targeted investments that enable the delivery of our most significant projects, allowing us to continue meeting our customers' demands internationally,” Al Nuaimi mentioned.
It is worth highlighting that the capital expenditure (CAPEX) for the LPP, compression facilities, and transmission pipelines does not form part of the costs previously outlined by ADNOC Gas for its intended acquisition of ADNOC’s majority stake in the Ruwais LNG project once the plant becomes operational in 2028.
The three contracts will establish the key infrastructure to supply feedstock to the Ruwais LNG export facility. This investment is part of the $15 billion CAPEX plan through 2029.
