He added that the transition to a more sustainable energy future will make the sector Oil Gas is more environmentally friendly and reducing emissions resulting from its operations is a major priority for the country The UAE Which recognizes that this cannot be achieved without investments in new technologies, such as carbon capture and storage.
In his speech at the 12th Energy Markets Forum hosted by the Emirate of Fujairah, he explained that the Abu Dhabi National Oil Company “ADNOC“It is a pioneer in reducing the carbon footprint of its operations, which supports our goal of reaching net zero emissions by 2050, stressing that today we need more focus on the ability to afford energy costs as much as we focus on energy security, and that we are in a group”OPEC+“We are working hard to achieve a balance between supply and demand and attract investments.
He stated that at the national level, “We are proud to create a model that can be replicated in other countries, starting with the development of the UAE Energy Strategy 2050, which aims to triple the capacity of renewable energy sources by 2030,” pointing out that renewable energy production in the UAE today has reached 6 gigawatts. And 5.6 gigawatts of nuclear energy, making the UAE network among the cleanest and most environmentally friendly in the world by 2030, stressing that the UAE aims to raise the total installed capacity of clean energy to 19.8 gigawatts by 2030.
The Minister stressed the importance of the role of the Emirate of Fujairah in ensuring the smooth flow of energy, as it has developed one of the largest fuel supply centers in the world.
