UAE Accelerates Development Of Huge Gas Field As High Prices Persist ...Middle East

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UAE Accelerates Development Of Huge Gas Field As High Prices Persist
source : OILPRICE ( Middle East ) () 45
Continued high gas prices in Europe in the aftermath of Russia’s invasion of Ukraine in February have prompted several major European oil and gas companies to expedite the development of gas projects in the Middle East, with Italian major Eni’s latest announcement regarding the UAE being the latest example. According to comments from the company, its chief executive officer, Claudio Descalzi, met last week with his counterpart from the Abu Dhabi National Oil Company (ADNOC), Sultan al-Jaber, in Abu Dhabi, to discuss speeding up the…

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