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Volume 41 Issue 7
8
OAPEC Member Countries
UAE
HE Al Mazroui:
Great efforts to diversify energy resources
During a press conference on the occasion of announcing the
release of the second edition of UAE State of Energy Report
2016 on 22 October 2015, the UAE Energy Minister HE
Engineer Suhail Mohammad Al Mazroui said that his ministry
was preparing a study on the possibilities of freeing the energy
and petroleum products market in the UAE. He stressed that
this study will be finalised soon to be submit it to the Council
of Ministers.
The Energy Minister underscored the positive outcome of
energy conservation campaigns as the industrial sector has
witnessed a reduction of about 10 to 15% in energy consumption
last year. The Minister also said that his country was sparing
no effort in diversifying energy resources to strike a balance
between the conventional, renewable (solar) and nuclear energy
resources. He said that his country continued working on its
programmes to make larger quantities of natural gas available
in response to the increasing gas consumption. This is done
through increasing domestic gas production via Al Hosn Gas
project, as well as, importing gas through Dolphin project and
other resources.