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Four companies bid for UAE sour gas project

Posted By Walter Schneider On September 2, 2007 @ 5:47 am In World Sulphur Glut, Sulphur Logistics, Hydrogen-Sulphide | No Comments

Reuters

By Simon Webb

DUBAI, Sept 2 (Reuters) - Four international oil companies have bid for a multibillion-dollar project to develop the Shah sour gas field in the United Arab Emirates, company and industry sources said on Sunday….

ConocoPhillips …, Exxon Mobil …, Occidental Petroleum … and Royal Dutch Shell … were all in the race for the project. The gas has a content of around 30 percent of potentially deadly hydrogen sulphide, making it tougher to produce than conventional gas reserves….(emphasis by folc.ca; [1] Full Story and links)
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Note by folc.ca: Given that the UAE presently forbids stock-piling and long-term storage of sulphur, that will increase the sulphur glut on the world market to an enormous extent.

Article printed from Lamont County Environment: http://lce.folc.ca

URL to article: http://lce.folc.ca/2007/09/02/four-companies-bid-for-uae-sour-gas-project/

URLs in this post:
[1] Full Story and links: http://investing.reuters.co.uk/news/articleinvesting.aspx?type=allBreakingNews&a
mp;storyID=2007-09-02T184721Z_01_L0222234_RTRIDST_0_UAE-SOURGAS.XML

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