THE PETROLEUM EXPERIENCE oF Abu Dhabi Gas Liquefaction Company (ADGAS)

THE PETROLEUM EXPERIENCE oF  Abu Dhabi Gas Liquefaction Company (ADGAS)

The total investment in the project is estimated at some Uss 8-10 billion.  The cost of the first phase of the project is estimated at s3.5 billion(S2 billion for the upstream facilities,  and si.5 billion for the gas line and terminals in Abu Dhabi and Dubai).
     At the end of 2003,  Qatar Petroleum and DEL finalized the Dolphin Project’s field development plan in accordance with a 25-  ear development and production-sharing agreement reached in December 2001.  When the development plan has been completed(due in 2007),  DEL will produce natural gas from the North Field and process it in an offshore plant at Ras Laffan(in Qatar)  where condensate and NGL will be extracted.

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