Dolphin Energy inks deal to supply gas to Oman

UAE based Dolphin Energy has signed a gas sales agreement with Oman Oil Company to deliver 200 million standard cubic feet of gas per day from 2008.

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By  Jyotsna Ravishankar Published  September 6, 2005

Dolphin Energy has signed a gas sales agreement with Oman Oil Company (OOC) to deliver an average 200 million standard cubic feet of gas per day (mmscf/day) to OOC from early 2008. The Abu Dhabi based company was created to develop substantial energy projects throughout the GCC. Its major strategic initiative, the Dolphin Project, involves the production and processing of natural gas from Qatar's North Field, and transportation of dry gas by sub-sea pipeline across joint UAE-Qatari waters to the UAE, beginning in 2006. Dolphin Energy's first initiative, the Al Ain to Fujairah pipeline, came on stream in January 2004. The pipeline supplies the Fujairah water and power plant on the UAE's east coast - initially with natural gas from Oman, and subsequently with Dolphin gas from Qatar. In May 2005, Dolphin began to supply natural gas to the UAE Emirate of Ras Al Khaimah. The gas is being delivered via a tie-in near Qidfa between Dolphin's Al Ain - Fujairah pipeline and the existing Emarat gas pipeline network. The gas to be supplied to Oman in 2008, will be from Qatar, confirmed a company spokesperson. “The deal is based on detailed discussions between Dolphin Energy and OOC, subsequent to the signing of a memorandum of understanding (MOU) for future gas supply on April 20, 2004. A joint steering committee was established under the MOU to determine commencement dates for gas supply, as well as quantities and price,” said a company statement. Sheikh Hamdan bin Zayed Al Nahyan, deputy Prime Minister of UAE said: “With the signing of this agreement, we can all celebrate the creation of a true GCC gas grid -- linking Qatar, the UAE and Oman. Dolphin Energy takes pride in its role in this substantial and important endeavor, and we look forward to supplying the Sultanate with natural gas for a 25-year period.”

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