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Wintershall Gains 10% Stake in Ghasha Gas Project

November 26, 2018

(Photo: ADNOC)

The United Arab Emirates has awarded Wintershall Holding a 10 percent stake in the Ghasha ultra-sour gas mega project, the Abu Dhabi National Oil Co. (ADNOC) said on Monday.

The deal builds on ADNOC's new integrated gas strategy aimed at unlocking value from Abu Dhabi's gas reserves as the country moves towards gas self-sufficiency, it said in a tweet.

(Reporting by Maher Chmaytelli Writing by Maha El Dahan Editing by Louise Heavens)

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