Sharjah Entities Sign Gas Deal

The Sharjah National Oil Corporation (Snoc), and the Sharjah Electricity and Water Authority (Sewa) have signed a full gas sales agreement under which Snoc will supply imported LNG to Sewa for power generation, official Emirates News Agency reported May 20.

Snoc with its German joint venture partner Uniper will import LNG into Hamriyah Port in Sharjah, and supply gas to the three power stations operated by Sewa. First gas under the agreement is expected to be delivered by 2019. Some of the gas will flow from the Hamriyah Port receiving jetty directly into the Sewa’s Hamriyah’ power station. Additional gas will flow to Snoc’s Sajaa gas field complex and will supply the other Sewa power stations.

The project will utilise a new floating storage and regasification unit that will be moored permanently in Hamriyah Port, Emirates News Agency added.

Shardul Sharma