ADNOC's projects on track: Al Ramhi

Abu Dhabi National oil Company (ADNOC) is pressing ahead with its projects despite the global slowdown, a senior official at the company said yesterday. "ADNOC's projects are well on track. I think it is high time to take advantage of the relatively good cost prices and implement new projects," Ismail Al Ramahi, Gas Processing Manager, ADNOC E'&'P Directorate, told reporters today. Al Ramahi ruled out any lay off plans, saying the company had launched several projects and companies and hired new employees at different levels. – Emirates News Agency, WAM