The project is expected to add more than 600 million cubic feet a day of gas by 2030, supporting the UAE’s push to strengthen energy security and expand LNG exports.
Abu Dhabi National Oil Company is moving ahead with the $6.2 billion offshore Umm Shaif Gas Cap development, deepening the UAE’s push to raise gas output and build its liquefied natural gas export business. The project, approved with TotalEnergies, Eni and China National Petroleum Corporation, is expected to add more than 600 million standard cubic feet a day of natural gas and associated gas liquids by 2030, which ADNOC said is equivalent to nearly 10% of the UAE’s current daily gas consumption. The investment comes as disruptions around the Strait of Hormuz and wider conflict in the Middle East sharpen concerns over energy security and reliable gas supply. ADNOC CEO Sultan Ahmed Al Jaber said the company is accelerating its integrated gas strategy as global demand for natural gas continues to rise. Abu Dhabi is targeting 47 million metric tons a year of LNG capacity by 2035 as it seeks to monetize its gas reserves and strengthen its position in global gas markets.