Abu Dhabi Said to Delay Building Fujairah LNG-Import Plant
- EmiratesLNG plans gas-importing facility at Fujairah port
- Developers studying options to store or resell gas from plant
Abu Dhabi is indefinitely delaying construction of the first land-based facility for importing liquefied natural gas into the United Arab Emirates after it contracted a floating supply terminal, according to two people with knowledge of the situation.
EmiratesLNG LLC is looking at other options for the planned onshore facility in the U.A.E. port of Fujairah, including storing gas at the site, reloading it on ships for sale elsewhere and providing LNG as marine fuel, said the people, who asked not to be identified because the plans are confidential. EmiratesLNG is a joint venture of two Abu Dhabi government-owned investment companies, Mubadala Petroleum and International Petroleum Investment Corp. Neither company commented when contacted by Bloomberg.