Saudi Energy Ministry launches tender for dry gas network in Dammam

Tender is for a pipeline network from the connection point with Aramco, which provides the gas, to all factories that need fuel in the city

  
An oil tanker is being loaded at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. Image used for illustrative purpose.

An oil tanker is being loaded at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. Image used for illustrative purpose.

REUTERS/Ahmed Jadallah
RIYADH: The Saudi Ministry of Energy announced a public tender for a license to establish, own and operate a dry gas network in the Third Industrial City in Dammam in the Eastern Province.

The project includes a pipeline network from the connection point with Aramco, which provides dry gas, to all factories that need fuel within the region, the ministry said in a statement.

The license requires the design, construction, operation and maintenance of the dry gas local network in Dammam 3 at the expense of the license applicant for a period of 35 years in return for a service tariff approved by the ministry.

The license holder must meet 75 percent of requests in the industrial city within nine months from the date of granting the license, the ministry said.

Through the installation of the gas networks, the ministry is aiming to make Saudi Arabia’s industrial cities a more attractive environment for investors, to raise the efficiency and competitiveness of factories, and to reduce carbon emissions and the number of trucks that transport liquid fuels, it said.

Copyright: Arab News © 2021 All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From Energy