The arrival of nuclear energy in 2017 will bring a considerable change to Abu Dhabi’s power and water sector. It will not only diversify the emirate’s generation mix, but will also have an impact on the cost of electricity generation in the local market. Moreover, it will change the structure of the sector and create opportunities for stand-...
In 2008 Abu Dhabi became a net importer of natural gas for the first time, primarily as a result of rising domestic demand for electricity. According to data from the Abu Dhabi Council for Economic Development (ADCED), a government entity charged with facilitating economic diversification, around 60% of the UAE’s total gas consumption goes...
While upstream activity may be grabbing all the headlines in Abu Dhabi, there is also substantial investment in the emirate’s midstream and downstream sector. Given the plans to significantly boost domestic oil production in the coming years, Abu Dhabi National Oil Company (ADNOC) has also turned its attention to the refining industry.
The power and water sector in Abu Dhabi has changed dramatically in the past 15 years. With partial privatisation at the end of the last century, the provision of utilities in the emirate has improved significantly, while disruptions and inefficiencies in both networks have also been greatly reduced under the new model. However, with the growth...
As a close-out agreement was signed for long-held concessions in early 2014 and the government is looking for potential new partners for the development of its oil and gas fields, 2014 may see a shake-up of Abu Dhabi’s hydrocarbons industry. At the same time, the emirate has ambitious targets for increasing oil production, an aim that will...
The rapid growth of Abu Dhabi’s air transport and maritime shipping industries over the course of the past decade has had a knock-on effect on the production and trading of jet and bunker fuel in both the emirate and the UAE as a whole. A number of major local players – including the Abu Dhabi National Oil Company’s (ADNOC’s) distribution arm,...
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