Low-cost LNG imports gains attractiveness in the United Arab Emirates (UAE) as gas-burn for power generation is outstripping domestic production, while upstream investments stall. Abu Dhabi now resorted to chartering an FSRU in July, following Dubai’s example – yet while “Dubai is expected to source more LNG cargoes from the US, Abu Dhabi gets all its requirement this year from ADGAS’s Das Island plant – and that is domestic gas supply” says Priyank Srivastava, oil & gas analyst.
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