UAE’s Etihad Railway and Abu Dhabi National Oil Company (ADNOC) Sunday signed an agreement whereby the master developer and operator of the UAE’s national railway will build the first phase of its railway network - the 266 km Shah-Habshan-Ruwais section.
The rail line will be built to transport ganulated sulphur for export from ADNOC’s oil and gas fields in the three points.
The Habshan-Ruwais link is scheduled for completion by the end of 2013, and the Shah gas field-Ruwais link by the end 2014, according to the agreement.
The agreement was signed by Director General of ADNOC Abdullah Nasser Al Suwaidi and Etihad Rail Chairman Nasser Ahmed Al Suwaidi.
Etihad Railway’s AED 40 billion network will be built in phases to link the principal centres of population and industry of the UAE, as well as to form a vital part of the planned GCC railway network linking the six countries of the GCC.
Sulphur would be a by-product of gas output from the Shah project.
Commenting on the agreement, ADNOC Director General said "the rail line is an integral part of a comprehensive and sustainable development master plan and will generate many economic benefits... We are happy to be part of this national strategic project which would connect the UAE and other Gulf countries." Etihad Railway Chairman termed the agreement as "historic" as the company is planning the 1,200km rail network which will act as a catalyst for economic growth and sustained social development.
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