{"id":3940,"date":"2022-09-20T06:58:36","date_gmt":"2022-09-20T06:58:36","guid":{"rendered":"https:\/\/gulftimes.ae\/national-housing-signs-2-development-agreements-worth-338m\/"},"modified":"2022-09-20T06:58:36","modified_gmt":"2022-09-20T06:58:36","slug":"national-housing-signs-2-development-agreements-worth-338m","status":"publish","type":"post","link":"https:\/\/gulftimes.ae\/?p=3940","title":{"rendered":"National Housing signs 2 development agreements worth $338m"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>\nDUBAI:\u00a0German Chancellor Olaf Scholz is expected to sign contracts for liquefied natural gas during his visit to the UAE on Sunday, his deputy chancellor said, as Germany looks for new partners to replace Russian energy imports.<\/p>\n<p>\n\u201cThe gas offering is slowly broadening. The government is permanently in talks with many countries,\u201d Economy Minister Robert Habeck said, pointing to his own trip to Qatar and the UAE in March.<\/p>\n<p>\nIn May, sources told Reuters that LNG talks between Germany and Qatar were fraught with differences over key conditions, including the duration of any contract.<\/p>\n<p>\nGerman is acquiring LNG terminals as part of its efforts to diversify away from Russian gas.<\/p>\n<p>\nHabeck was speaking in Lubmin in northern Germany, where the government hopes a state-leased floating storage and regasification unit can be operational at the end of 2023 at the earliest.<\/p>\n<p style=\"text-align:center\">\n<\/p>\n<blockquote>\n<p>\n<strong>The government is permanently in talks with many countries.<\/strong><\/p>\n<p class=\"rteright\">\n<em>Robert Habeck, economy minister<\/em><\/p>\n<\/blockquote>\n<p>\n\u201cWe must show that in times like these, we can plan, authorize and build faster than is usually the case in Germany,\u201d Habeck said of the construction drive, adding that LNG projects in Wilhelmshaven and Brunsbuettel were examples of this.<\/p>\n<p>\n\u201cThere is a good, realistic chance &#8230; that the two FSRU vessels there will be able to feed into the German gas network from the turn of the year,\u201d he said.<\/p>\n<p>\n<strong>EWEC water project<\/strong><\/p>\n<p>\nThe Emirates Water and Electricity Co. has invited expressions of interest on\u00a0the development of Abu Dhabi Islands Reverse Osmosis Independent Water Project.<\/p>\n<p>\nThe project consists of two stand-alone greenfield\u00a0reverse osmosis\u00a0seawater desalination plants to be located on Saadiyat Island and Hudayriat Island, reported Zawya.\u00a0<\/p>\n<p>\nThrough sustainable and low carbon methods, both plants will produce\u00a0100 million imperial gallons per day \u2014 covering\u00a0the\u00a0water demand\u00a0of\u00a0180,000 households in Abu Dhabi.<\/p>\n<p>\n\u201cReverse osmosis is a vital low-carbon intensive seawater desalination technology that enables EWEC to strategically change its water and power generation portfolio, and ultimately contribute to the decarbonization of the energy sector,\u201d stated\u00a0EWEC CEO Othman Al-Ali.<\/p>\n<p>\n<strong>ADNOC\u2019s transmission system<\/strong><\/p>\n<p>\nThe Abu Dhabi National Oil Co.\u2019s project \u2014 a\u00a0$3.6\u00a0billion\u00a0high-voltage, direct current subsea transmission system \u2014 is on the verge of financial close. \u00a0<\/p>\n<p>\nA consortium led by South Korean Kepco \u2014 including\u00a0Japan\u2019s Kyushu Electric Power Co.\u00a0International and \u00c9lectricit\u00e9 de France \u2014 was awarded the public-private partnership\u00a0contract last December.\u00a0<\/p>\n<p>\nThe transmission system will decrease ADNOC offshore\u2019s carbon footprint by 30 percent through using sustainable power sources\u00a0in\u00a0Abu Dhabi\u2019s onshore power network, according to MEED.<\/p>\n<p>\nConstruction on the project is expected to begin soon.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.arabnews.com\/node\/2165971\/business-economy\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DUBAI:\u00a0German Chancellor Olaf Scholz is expected to sign contracts for liquefied natural gas during his visit&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-3940","post","type-post","status-publish","format-standard","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.0 (Yoast SEO v28.5) - 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