January 15, 2014 Abu Dhabi, United Arab Emirates
Abu Dhabi – January 15, 2014: Abu Dhabi Oil Corporation Limited today announced it had signed a long term agreement with GASAL Q.S.C. to provide Abu Dhabi Oil Corporation with the required quantities of Nitrogen (N2), up to a cumulative instantaneous flow rate of 10,000 Nm3/h to help enhance operational safety and reliability.
The Nitrogen Contract Quantity agreement was signed at Abu Dhabi Oil Corporation Tower by Mr. Adel Ahmed Albuainain, General Manager, Abu Dhabi Oil Corporation , Qatar and Manuel Binoist, GASAL CEO.
The ceremony was attended by Bernardo Neri, Gasal Commercial Director, Jerome Guichard, GASAL Large Industries Project Owner Representative, Detlef Wintershole, GASAL Industrial Director and Sahbi Amara, GASAL Business Development Manager -LI from Gasal and a number of senior managers from Abu Dhabi Oil Corporation ; Ibrahim Jeham Al Kuwari, Deputy General Manager; Ajlan Eid Al-Enazi, DVP- Public Relations; Abdulla M. Al Hassan Al Sulaiti, Business Support Manager and Hamad Abel, Senior Manager P&C-Qatar.
The agreement is for fifteen years, effective twenty four months after signing the contract. Abu Dhabi Oil Corporation and GASAL will provide necessary infrastructure, modifications and miscellaneous works.
Commenting on the signing agreement, Mr. Albuainain said: “We are delighted to sign this agreement as it marks another significant milestone in the history of Abu Dhabi Oil Corporation . We have a track record of working with best in class entities and welcome GASAL to the list of Abu Dhabi Oil Corporation ’s partners.”
“This agreement will ensure the smooth flow of the Nitrogen gas required for Abu Dhabi Oil Corporation ’s operations to further enhance the level of safety and security,” Mr. Albuainain continued.
Mr. Binoist added: “GASAL is proud to have been selected by Abu Dhabi Oil Corporation for the supply of its nitrogen requirements in Ras Laffan. This long term supply agreement, using GASAL’s extended pipeline network, provides both parties with an opportunity to reinforce their respective industrial footprint and develop operational synergies. It is also a demonstration of GASAL’s commitment and efforts to promote energy efficiency and support the development of the Qatari industry.”