Arab Today, arab today dolphin energy gas production reaches 3tn
Last Updated : GMT 02:58:58
Arab Today, arab today
Arab Today, arab today

Dolphin Energy gas production reaches 3tn

Arab Today, arab today

Arab Today, arab today Dolphin Energy gas production reaches 3tn

Doha - Arabstoday

Dolphin Energy has accumulated 3tn standard cubic feet of gas since production began in 2007, the company’s third sustainability report shows. The company reduced flaring and greenhouse gas emissions by 26% and 4.7% respectively and spent more than $9.5mn on environmental protection in 2011, said the report. Dolphin Energy is the only international gas network in the Gulf Co-operation Council region and has brought three countries – Qatar, the UAE and Oman – together in an international energy initiative for the “first time ever”. The Dolphin project involves the production and processing of 2bn standard cubic feet of gas a day (bscf, the equivalent of 333,000 barrels of oil a day) at Ras Laffan and transportation of the dry gas by a 364km, 48 inch sub-sea export pipeline from Qatar to the UAE. This is the longest and largest export pipeline network in the Middle East. Dolphin Energy is 51% owned by Mubadala Development Company (on behalf of the Government of Abu Dhabi) and 24.5% each by Total (France) and Occidental Petroleum (US). The report said Dolphin Energy registered a 39% increase in tonnes of recycled material with “zero reportable spills of any kind” occurring. On its “nationalisation” efforts Dolphin Energy said it increased the Emiratisation level to 48% and Qatarisation to 31%. The report has been prepared in conjunction with the Global Reporting Initiative (GRI), which has developed comprehensive international guidelines for sustainability reporting. GRI has classified the report as ‘A/GRI Checked’, indicating high levels of transparency and disclosure. Commenting on the company’s 2011 performance, Dolphin Energy CEO Ahmed Ali al-Sayegh said, “We continue to make improvements in our overall sustainability performance and are working hard to drive sustainability principles to support the economies of the UAE, Qatar and Oman. “Our focus is on how we can maximise positive economic, social and environmental impacts that help us in our quest to be an effective and responsible partner, neighbour and employer.” The 2011 report has focused on performance split across four important areas that comprise Dolphin Energy’s sustainability framework – sustainability management, economic sustainability, social sustainability and environmental sustainability. The framework captures sixteen ‘sustainability issues’ upon which the company’s performance has been measured. “We have a responsibility to being a transparent corporate citizen and ask that our stakeholders continue to make us accountable for our actions so that we maintain our support for sustainable development in the countries in which we operate,” al-Sayegh added. from gulf times.com

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