ADNOC unveils new Gas Master Plan to ensure sustainable supplies of gasoline
ADNOC plans to use new and innovative technologies to tap into additional gas reservoirs, thereby boosting supplies of gas. The ideas are part of “2030 Strategy” and include an attempt to restructure gas prices.
“ADNOC is exploring a number of options to make more gas available for higher priority applications, maintain a sustainable gas supply, and meet Abu Dhabi’s increasing gas demand in the future,” ADNOC Gas Management Director Omar Al Suwaidi said.
Al Suwaidi noted his company’s belief that energy imports can be decreased by tapping into undeveloped gas reserves. Additionally, he noted new technology – such as Carbon Capture Utilization and Storage (CCUS) for Enhanced Oil Recovery (EOR) – as a way to help shrink these imports.
“Our focus is on delivering ADNOC’s key imperatives of performance, profitability and efficiency to ensure we create maximum value from our resources and stay competitive in the evolving energy market,” Al Suwaidi said.