(MENAFN-Khaleej Times) Tebodin, and international consultancy and engineering firm that has expertise in underground gas storages, or UGS, explained their silent features to industry stakeholders at a seminar held in Abu Dhabi
Besides their economic benefits, these installations can assure industrial consumers a disruption-free supply of natural gas.
“This technology is popular in Europe, especially among gas suppliers who want to avoid heavy penalties in case of disruptions to industries that need its continuous supply,” said Daan Van der Hoeven, senior project manager for Tebodin in the Netherlands, told a seminar in Abu Dhabi.
The UAE, which has been on the forefront of embracing new technologies and ideas, can benefit from UGS since they can be used for storing oil, gas and water in caverns, located several hundred metres under the ground.
“Tebodin has done such projects in Europe, and can design these futuristic projects in the UAE, which can be used to offset the peak demand of oil and gas,” said M. Srinivasan, director for the Abu Dhabi market unit for chemicals, oil and gas.
“Besides from been astrategic gas buffer, UGS can give more flexibility to gas companies during seasonal peak/off-peak demand management.”
Van der Hoeven added: “The surge of UGS projects in Europe was due to the fact that those markets were highly-developed, liberalised and highly-competitive, and there were a large number of industries that needed a constant supply. Also, it was hard to predict the energy production from the wind and solar energy. There was also a need for own gas storage volume to deal with hourly, daily or seasonal imbalance between long-term contractual commitments and supply disruptions.”
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