Supply & Demand

Abu Dhabi joins the LNG import club

The arrival of Abu Dhabi’s first FSRU at Ruwais reflects the UAE’s growing dependence on LNG imports amid rising gas demand The arrival of Abu Dhabi’s first FSRU at Ruwais reflects the UAE’s growing dependence on LNG imports amid rising gas demand.
By Abhishek Kumar 18 August 2016 0 24432

Market impact:
Bullish on LNG prices

Abu Dhabi received its first FSRU in August as demand for gas grows in the United Arab Emirates. The arrival of the vessel, at the port of Ruwais in the Gulf, also provides an opportunity for Qatari LNG to make further inroads into the UAE’s gas market.

The FSRU has a regasification capacity of 14.15 million cubic metres per day (MMcm/d) and has been provided by Excelerate Energy. Abu Dhabi Gas Industries – a joint venture between Abu Dhabi...