Dolphin Energy seeks financing for regional energy initiative
Dolphin Energy of the United Arab Emirates (UAE) expects to sign a deal in the next 12 months with regional and local banks to finance its gulf gas project, reported OAB-IMG Research .
The Dolphin Gas Project is a strategic regional energy initiative, which comes on stream in 2006. It involves the development of substantial natural gas reserves from Qatar’s offshore North Field, their processing onshore at Qatar’s Ras Laffan – and transportation by export pipeline of up to 3.2 billion cubic feet a day (cf/d) of refined natural gas to the UAE. — (menareport.com)
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