ADNOC, Linde sign agreement to expand industrial gas facilities.
An agreement to explore the expansion of nitrogen facilities in Ruwais has been signed by Abu Dhabi National Oil Company (ADNOC) and Linde Group.
Under the terms of the agreement, Linde will conduct a front-end engineering and design (FEED) study for new air separation units, according to UAE state news agency, WAM .
The air separation units will reportedly satisfy the increasing nitrogen requirements of ADNOC's gas processing, petrochemicals, and refining businesses.
Further steps will be undertaken once the FEED study is completed, WAM added, noting that the agreement represents ADNOC and Linde's commitment to their joint venture company, ADNOC industrial Gases.
Abdulaziz Al Hajri, downstream director at ADNOC, commented: "In line with its 2030 smart growth strategy, ADNOC plans to expand and diversify its downstream refining and petrochemicals activities, while also optimising efficiency and costs.
"As part of our strategic plan to increase volumes of industrial gases, the Ruwais Air Separation Unit Project will be carried out in two phases, each with the capacity to produce 70,000m 3 per hour of nitrogen."
Meanwhile, Bernd Eulitz, member of the executive board of Linde AG, said: "With this planned capacity expansion, Linde and ADNOC further strengthen their commitment to working in partnership to ensure ADNOC's industrial gases supply for its growing demand in Abu Dhabi, and creating value for both companies."
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|Date:||Nov 17, 2017|
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