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Hail and Ghasha Gas Development

Sector: Oil and Gas • Location: Dubai, Abu Dhabi, United Arab Emirates

Source: ZAWYA

Project
Planned

Abu Dhabi National Oil Company (ADNOC) has secured $11 billion in structured financing to monetize future gas production from its Hail and Ghasha development. The project aims to produce 1.8 billion cubic feet per day of gas with net-zero emissions, with first production expected by the end of the decade. The financing deal involves a pre-export finance model backed by future gas throughput and in

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The project “Hail and Ghasha Gas Development” is an infrastructure initiative in the Oil and Gas sector, located in Dubai, Abu Dhabi, United Arab Emirates. Taiyo aggregates data on it from ZAWYA.

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Participants

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Status

Original status

planned

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Description

Description

Abu Dhabi National Oil Company (ADNOC) has secured $11 billion in structured financing to monetize future gas production from its Hail and Ghasha development. The project aims to produce 1.8 billion cubic feet per day of gas with net-zero emissions, with first production expected by the end of the decade. The financing deal involves a pre-export finance model backed by future gas throughput and includes partners Eni and PTTEP, with participation from 20 global and regional banks.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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