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The list of qualified bidders for dry gas and liquified petroleum gas tender is out: The Energy Ministry has released a list of qualified bidders vying for licenses to set up dry gas and liquified petroleum gas (LPG) filling and storage facilities and wholesale LPG distribution to consumers, it said in a statement yesterday.
Who’s bidding? Domestic fuel retailer Aldrees, Riyadh-based Unigaz Arabia, UAE’s Adnoc Distribution, and Sergas Group. Also on the list are two separate consortiums: One led by Egypt’s Petrojet and Elsewedy Electric, another by and Natgas and Petrogas.
What’s next: The qualified bidders will be shortlisted before the ministry shares tender documents. Bidders at that stage will be asked to outline “work programs, technical and financial capability and operational plans,” among other requirements.
We’ve been expecting this: The tender comes months after the Energy Ministry issued in May implementing regulations for dry gas and LPG distribution for residential and commercial purposes. They aim to regulate the establishment, development, and operation for LPG filling and storage facilities and its wholesale distribution.
Uh, what’s dry gas, Enterprise? It’s industry-speak for natural gas without significant amounts of liquid hydrocarbons — so minimal propane, butane, and other condensates compared to “wet gas.” The lack of condensates makes dry gas easier and less expensive to transport and it has a lower emissions footprint. Wet gas is more likely to be used industrial processes like the production of petrochemicals.
