Emirates LNG to Build LNG Terminal in UAE

Emirates LNG, a joint venture between Abu Dhabi’s Mubadala Petroleum and International Petroleum Investment Company (IPIC) has leased a plot of land on the east coast of the United Arab Emirates (UAE) and will start building an LNG import terminal there later this year, Reuters said citing a company statement.

“The Emirates LNG facility will have the capacity to import 9 million tons per annum of LNG to help fuel the growing energy demands of the UAE economy,” Emirates LNG Chief Executive Ahmed Matar Al-Mazrouei said, Reuters reported.

The company said the local government at Fujairah also planned to reclaim a portion of land from the sea where the terminal is to be built, with completion of the terminal expected within two years.

Rather than building a full-scale import terminal, Mubadala has said it is planning to use a floating storage and regasification unit to bring LNG into the UAE, Reuters said.