UAE On Track to Provide Low Cost, Low Carbon Energy As Demand Soars

  • Date: 23-May-2021
  • Source: Al Bawaba
  • Sector:Oil & Gas
  • Country:UAE
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UAE On Track to Provide Low Cost, Low Carbon Energy As Demand Soars

Speaking during a virtual session of the Columbia Global Energy Summit, Dr Al Jaber said that increased demand for cost-efficient, lower-carbon energy positions the UAE at a competitive advantage and the UAE is focusing on low carbon production, a WAM report said.

"The UAE's primary crude grade, Murban, is one of the least carbon-intensive in the world, with less than half the carbon intensity of the industry average. This creates a dual advantage for us - low cost and low carbon.