Thursday, May 05, 2011
BEIRUT (Zawya Dow Jones)--Mainly state-owned Abu Dhabi Gas Industries, or Gasco, said it has signed two deals worth a combined 4 billion U.A.E. dirhams ($1.1 billion) for the construction of a sulfur granulation plant and a sulfur handling and export terminal, Abu Dhabi-based Al Ittihad daily reports Thursday.
The deal relating to the Ruwais sulfur handling terminal 2 is valued at AED2.25 billion and was awarded to a consortium of Italy's engineering and construction group Techint and the U.A.E.'s Aljaber Co., the paper reports.
The terminal, located 165 kilometers to the west of Abu Dhabi city, is expected to be completed in 36 months and will be able to accommodate 660,000 tons a month of granulated sulfur, it adds.
The Habshan sulfur granulation plant's project worth AED1.75 billion was awarded to the U.A.E.'s engineering and construction firm, Dodsal. The plant will be located 16 kilometers to the south east of the local Habshan natural gas complex and is expected to be completed in 31 months. The plant's daily production capacity will be 11,000 tons of granulated sulfur.
Newspaper website: http://www.alittihad.ae/details.php?id=42589&y=2011&article=full
-By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com
Copyright (c) 2011 Dow Jones & Co.
(END) Dow Jones Newswires
05-05-11 0852GMT
