Natural gas agreement signed between ADNOC and Dubai Supply Authority

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

The agreement signed at Qasr Al Watan in Abu Dhabi, 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.

UAE President, @HHShkMohd witness the signing of a landmark gas sales agreement between Abu Dhabi National Oil Company (ADNOC) and Dubai Supply Authority (DUSUP). pic.twitter.com/0HYXd38BiI

— Dubai Media Office (@DXBMediaOffice) September 9, 2022

Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy and Director-General of DUSUP said, “This agreement further strengthens energy cooperation between Abu Dhabi and Dubai, building on the foundations originally laid in 1998 and reinforced over the years, to expand the breadth and depth of our energy relations.”

Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC MD and Group CEO, stated that “ADNOC is advancing its efforts to harness Abu Dhabi’s vast natural gas resources to meet the world’s growing demand for this important transition fuel and enable a responsible energy transition.”

“Working in close collaboration with our customers and partners, ADNOC will continue to expand our natural gas capacity to deliver against our strategic objectives of decarbonising our energy and power systems, ensuring UAE gas self-sufficiency and driving long-term and sustainable growth for the UAE,” he added.

The plan includes the application of new approaches and technologies to enable increased and competitive gas recovery from existing fields as well as developing untapped resources and leveraging innovation to continually drive emissions’ reduction.