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Energy and Power

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BP to invest in UAE’s petrochemical industry

Published On 18 Oct 2019 09:53 AM


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BP is interested to invest in Abu Dhabi National Oil Co.'s new gas and petrochemical projects within the UAE, the British company's UAE manager aforementioned on Wednesday.

BP features a 100 % stake in ADNOC LNG, the only producer of the fuel within the UAE. Alternative shareholders besides ADNOC's 70% share are Mitsui & Co (15%), and France's Total (5%).

ADNOC is about to become self-sufficing in gas pr....


Tags : BP, petrochemical industry, ADNOC LNG,
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