UAE: Adnoc, Dusup sign landmark gas sales agreement

  • Date: 09-Sep-2022
  • Source: Khaleej Times
  • Sector:Oil & Gas
  • Country:UAE
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UAE: Adnoc, Dusup sign landmark gas sales agreement

It showcases the country's commitment to progressive and pragmatic climate action

By Wam Published: Fri 9 Sep 2022, 12:27 PM

President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, have witnessed the signing of a landmark gas sales agreement between Abu Dhabi National Oil Company (Adnoc) and Dubai Supply Authority (Dusup).

The agreement showcases the UAE’s commitment to progressive and pragmatic climate action, and reinforces Adnoc’s role in enabling a responsible energy transition.

The agreement will see Adnoc supply Dusup with natural gas, which will be used instead of clean coal for electricity generation at Dubai Electricity and Water Authority (DEWA)’s IPP (Independent Power Producer) Hassyan Power Complex, further reducing carbon emissions from the power generation process. This supports the UAE Net Zero by 2050 Strategic Initiative, and its plans to generate electricity from cleaner energy sources.

The agreement was signed at Qasr Al Watan by H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy and Director-General of Dusup, and Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Adnoc Managing Director and Group CEO.

The agreement signing ceremony