UAE's Latest Natural Gas Discovery is a Gamechanger

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A new gas discovery in the UAE, estimated to be holding about 80 tn cu ft of gas, is shaping up to be one of the world’s biggest gas finds since the Galkynysh field in Turkmenistan in 2005.

The discovery in Jebel Ali, operated by Abu Dhabi National Oil Company (ADNOC), could have far-reaching ramifications for the country, but while the initial find has generated excitement in the market, Rystad Energy has said that it is too early to make assumptions about the size of the total volumes.

However, even 8 tn cu ft of recoverable resources – one-tenth of the preliminary estimate – would still be enough to enable the UAE to become energy independent by 2030, added Rystad.

At the same time, the UAE is boosting power generation from renewable energy sources and is expected to start generating power from a nuclear reactor this year.

The opportunities on offer in the country will likely be a hot topic of conversation this year for our G7 networks. 

Source: heavyliftpfi.com

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Sobel Network Shipping Company has had the pleasure and privilege of being a part of the G7 Network for a few years. The G7 Network has had a reputation of being very well managed by an excellent team. Membership to the G7 Network is very exclusive with a small group of companies that are well connected and trustworthy, creating lifelong friendships even beyond the scope of work. Through these connections and networking, the G7 Network has provided some very lucrative opportunities for Sobel Network Shipping. We look forward to being a part of the G7 Network family for many years to come.
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The concept and environment G7N team created for the conference and the Cargo Weekend is awesome, it allows you to build a friendship that is the base of strong business relationships. I hope I can keep being part of this family and meet all my new friends in the conference to come representing JM Logistics.
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