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luni, 10 octombrie 2011

Gasco Story

    
Abu Dhabi Gas Industries Ltd. (GASCO) was born in 1978, in the
heart of the United Arab Emirates – its capital Abu Dhabi – as an
answer to the vision of the late Sheik Zayed bin Sultan Al Nayhan
who believed in the sound utilization of the Emirate’s significant
gas resources.
 
The incorporation and establishment of GASCO as a joint venture
between the Abu Dhabi National Oil Company (ADNOC), Shell,
Total, and Partex, and the integration of ATHEER (a wholly
owned ADNOC Company) in 2001, supported GASCO in
realizing the vision to be one of the most innovative, respected
and caring companies in the gas and hydrocarbon industry.

GASCO’s commitment in meeting the expectations of its various
stakeholders – shareholders, employees and community,
regulatory bodies and non governmental bodies, was recently
recognized through the renewal of the Joint Venture Agreement 
originally signed in 1978.
 
The new Agreement, which is now set to run until September 30,
2028, will allow GASCO to hold the distinction of being one of
the major players in the global gas and hydrocarbons market,
conducting onshore gas processing and the transportation of gas 
and liquid products, contributing to the GDP of the UAE in a
sustainable and responsible manner.






Gasco Business


GASCO is an operating Company engaged in the extraction of Natural Gas Liquids (NGL) from associated and natural gas.


With a process capability of 5,500 million standard cubic feet of feed gas (MMSCFD) per day and producing 285,000 barrels of condensate, 4,500 tonnes of sulphur and 28,000 tonnes of NGL per day, GASCO is currently one of the largest gas processing companies in the world.



GASCO’s industrial complex, one of the biggest in the United Arab Emirates, is composed of four desert plants – Asab, Bu Hasa, Habshan and Bab and Ruwais – and a pipeline network which process and deliver a range of marketable products such as methane (C1), to industrial customers; ethane (C2), to Borouge; and propane (C3), butane (C4), paraffinic naphtha (C5+), granulated sulphur and condensate, exported all over the world.



GASCO’s priority is to maximize production in the most cost effective manner, while maintaining the highest possible standards of industrial safety and protection of the environment. GASCO also focuses on relations with local communities and on the creation of a highly competent workforce, with special efforts to attract and develop UAE Nationals.