COP27 - UAE Says Will Keep Pumping Oil as Long as the World Needs It

© Plamen/AdobeStock
© Plamen/AdobeStock

The United Arab Emirates will be a responsible supplier of oil and gas for as long as the world needs, its President Sheikh Mohammed bin Zayed al-Nahyan said on Monday at the start of two weeks of climate talks in Egypt.

He added the Gulf nation, which is one of OPEC's biggest producers but has also invested in renewable energy, was focused on reducing the carbon impact of its fossil fuel output.

"The UAE is considered a responsible supplier of energy and it will continue playing this role for as long as the world is in need of oil and gas," he said. 

"Oil and gas in the UAE is among the least carbon intensive  around the world and we will continue to focus on lowering carbon emissions emanating from this sector." 

Egypt's Conference of the Parties (COP) is the latest of decades of U.N. talks to try to curb climate change caused by the use of fossil fuels.

Next year's COP28 summit will be hosted by the UAE in Dubai's Expo City and will assess the implementation of the 2015 Paris climate agreement that seeks to limit to global warming to 1.5 degrees Celsius above pre-industrial levels.

The UAE president said his country was among the first in the Gulf region to announce a plan for carbon neutrality by 2050 and last week signed a $100 billion agreement with the United States with the goal of adding 100 gigawatts of renewable energy globally by 2035.     


(Reuters - Reporting by Mahmoud Mourad, Nafisa Eltahir and Omar FahmyEditing by Gareth Jones and Barbara Lewis)

Current News

Malampaya Gas Field Exceeds Export Capacity Amid Grid Demands in Philippines

Malampaya Gas Field Exceeds Ex

Petrobras and BP Deepen Partnership

Petrobras and BP Deepen Partne

Subsea7 Wraps Up Pipeline Replacement Work Offshore Brunei

Subsea7 Wraps Up Pipeline Repl

Woodside Revenue Falls on Lower LNG, Oil Prices

Woodside Revenue Falls on Lowe

Subscribe for OE Digital E‑News

Offshore Engineer Magazine