Thursday, 21 June 2018 11:31 GMT
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UAE - Dolphin Energy, Nord Stream AG sign deal



(MENAFN - Khaleej Times) Dolphin Energy on Wednesday announced that it had signed a Memorandum of Understanding (MoU) with Nord Stream AG, the company that is providing a new natural gas supply route from Russia to Europe. The MoU was signed in the presence of Dolphin Energy's general managers in the UAE and Qatar, Ibrahim Ahmed Al Ansaari, and Adel Ahmed Albuainain, as well as Nord Stream AG Directors Ruurd Hoekstra and Henning Kothe. The five-year MoU will provide opportunities for both parties to exchange operational and maintenance knowledge, insights and expertise regarding their high pressure gas networks and subsea pipeline systems. It will also look at how both can lend support to each other's Emergency Pipeline Repair System (EPRS). These systems are essential in ensuring minimum disruption to gas throughput in the event repairs need to be made to the pipeline. The MoU is important because of the similarities that exist between Dolphin Energy and Nord Stream AG. There are technical similarities in that both parties are the only companies in the world that operate a 48 inch high pressure gas pipeline; both projects have been defined by the way each crossed borders and both play a very important role in their contribution to energy security in their respective locations.


UAE - Dolphin Energy, Nord Stream AG sign deal

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