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Dolphin Energy, Gasal Qatar sign long-term nitrogen supply agreement
Dolphin Energy, Gasal Qatar sign long-term nitrogen supply agreement
Albuainain and Binoist shake hands after signing the long-term deal for nitrogen supply.Dolphin Energy has signed a long term agreement with Gasal Qatar to provide it with the required quantities of nitrogen (N2), up to a cumulative instantaneous flow rate of 10,000 normal cu m an hour (Nm3/h) to help enhance operational safety and reliability.The nitrogen contract quantity agreement was signed at Dolphin Energy Tower in West Bay by Adel Ahmed Albuainain, Dolphin Energy Qatar general manager and Manuel Binoist, Gasal chief executive officer. The 15-year agreement will be effective two years after signing the contract. Dolphin Energy and Gasal will provide necessary infrastructure, modifications and miscellaneous works. On the agreement Albuainain said, “We are delighted to sign this agreement as it marks another significant milestone in the history of Dolphin Energy. We have a track record of working with best in class entities and welcome Gasal to the list of Dolphin Energy’s partners.” “This agreement will ensure the smooth flow of the nitrogen gas required for Dolphin Energy’s operations to further enhance the level of safety and security,” Albuainain said. Binoist added: “Gasal is proud to have been selected by Dolphin Energy 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.”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 as well as a number of senior managers from Dolphin Energy including, Ibrahim Jeham al-Kuwari, deputy general manager; Ajlan Eid al-Enazi, public relations; Abdulla M al-Hassan al-Sulaiti, business support manager and Hamad Abel, senior manager. Dolphin Energy was set up to develop substantial energy projects throughout the Gulf Co-operation Council region and to create long-term economic wealth and new business opportunities for GCC citizens.Dolphin Energy’s major strategic initiative, the Dolphin Project, involves the production and processing of natural gas from Qatar’s North Field, and transportation of the dry gas by sub-sea export pipeline to the UAE, which began in July 2007. The long-term customers for Dolphin gas are Abu Dhabi Water & Electricity Company (ADWEC), Dubai Supply Authority (DUSUP) and Oman Oil Company (OOC). Each has signed a gas supply agreement with Dolphin Energy for 25 years.Dolphin Energy is owned 51% by Mubadala Development Company, on behalf of the Government of Abu Dhabi – and 24.5% each by Total of France and Occidental Petroleum of the US.