The Sharjah National Oil Corporation has signed a Memorandum of Understanding (MoU) with German energy firm Uniper SE, to import LNG to the UAE.
The first shipments wil reach Sharjah’s Hamriyah Port in Q1 of 2018.
"We highly value this project which will add to the supply of gas in Sharjah and Northern Emirates to meet the growing demand for energy. The combination of SNOC and Uniper efforts with all their capabilities and experience in natural gas activities will achieve the planned targets," Sheikh Sultan Bin Ahmed Al Qasimi, Sharjah Petroleum Council, deputy chairman and Sharjah National Oil Corporation president, told Reuters.
Hatem Al Mosa, CEO of SNOC and Secretary-General of Sharjah Petroleum Council SPC, said, "We recognise the urgent need of the Northern Emirates for a reliable supply of natural gas that can be easily distributed to support large and small consumers, from the big power generators to small businesses. The Sajaa complex has traditionally been the centre of the gas supply business in the Northern Emirates and it is well placed to continue supporting the region."
"We are grateful that SPC and SNOC have selected Uniper S.E to support the Emirate of Sharjah in their quest for uninterruptable supplies of natural gas. Uniper has over 50 years of experience, through its legacy companies, in delivering sustainable competitively priced energy to customers," Klaus Schafer, CEO of Uniper SE, said.