UAE's EGA to supply natural gas-powered electricity to Enoc's Dugas
Move to create new revenue streams for EGA, which will serve the total power needs of another company for the first time
Emirates Global Aluminium (EGA) – jointly owned by Abu Dhabi’s Mubadala and Investment Corporation of Dubai – has signed an agreement with Dubai Natural Gas Company (Dugas), part of Emirates National Oil Company (Enoc), to generate and supply electricity for Dugas’s industrial operations by using natural gas supplied by Dubai Supply Authority (Dusup), with the project being EGA’s first instance of supplying its services to meet the power needs of another firm.
According to a statement on EGA's website, the project will create new revenue streams for EGA, which is the third largest producer of electricity after Dubai's and Abu Dhabi's utility providers.
EGA operates a 2,350MW power plant in Jebel Ali, as well as a power plant at Al Taweelah in Abu Dhabi’s Khalifa Industrial Zone Abu Dhabi (Kizad), which is fired by natural gas.
Commenting on the development, managing director and chief executive officer of EGA, Abdulla Kalban, said: “EGA and Dugas operate two of the largest industrial facilities in Dubai and this agreement makes our combined use of natural gas for power generation more efficient.
“This [agreement] is in line with the goals of Dubai Plan 2021 and UAE Vision 2021 to promote the sustainable use of resources, and also creates a new commercial opportunity for EGA,” Kalban added.