A consortium led by global engineering company Technip Energies along with partners Japanese EPC contractor JGC Group and National Petroleum Construction Company has secured a major contract from Adnoc for an LNG export terminal in Abu Dhabi.
The UAE has strengthened its position in the global economy and the total value of UAE assets abroad, both government and private, is estimated at $2.5 trillion as of early 2024, a senior official has said.
crude oil | Government allows Abu Dhabi National Oil Company to export crude from underground storage facility telegraphindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraphindia.com Daily Mail and Mail on Sunday newspapers.
Adnoc: At present, crude oil, which is the raw material for producing fuels like petrol and diesel, is not allowed to be exported except through the state-owned Indian Oil Corporation (IOC).