Our Latest Publication - Abu Dhabi 2010

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In a region where investment, upgrades and expansion are becoming common news, Abu Dhabi continues to standout for its ambitious strategy and prudent execution. Now, with a slowly recovering world economy pushing hydrocarbons prices upwards, the emirate is ready to take advantage with improved capacity across the board. Projects to improve gas processing and production, expand oil refining and increase petrochemicals and fertiliser output illustrate the multidimensional focus that has kept Abu Dhabi steady and help it weather the financial turmoil that struck close to home in 2009.

Construction of the Abu Dhabi Crude Oil Pipeline continued in 2010. The pipeline will eventually divert much of the emirate’s crude oil around the Strait of Hormuz as a hedge against geopolitical volatility and increased transport congestion. Downstream, the Borouge 2 expansion will provide a substantial boost to the long-standing ethylene production provided by Borouge and introduce polypropylene production into its petrochemicals portfolio. And while its corrosive gas reserves had long left a sour taste in the mouths of potential developers, new technology has enabled Abu Dhabi to pour resources into the upcoming Shah gas field, which will yield output up to 793,000 cubic metres (28 mcf) per day.

Abu Dhabi brings much more to the table. It is the financial hub of the region, a centrally located connection point for world travel and a leader in the region for alternative energy investment. The emirate has an influence much larger than its size and will only continue to extend it across the global economy. To know why the major players in energy are optimistic on Abu Dhabi, read The Oil & Gas Year Abu Dhabi 2010.