A landmark gas sales agreement between Abu Dhabi National Oil Company (ADNOC) and Dubai Supply Authority (DUSUP) has been inked.
It was done in the presence of UAE's President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, at Qasr Al Watan.
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.
It was signed by 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 showcases the UAE’s commitment to progressive and pragmatic climate action and reinforces ADNOC’s role in enabling a responsible energy transition.
Sheikh Ahmed said the agreement "supports the vision and directives of the wise leadership to turn Dubai into a carbon-neutral economy and provide 100 per cent of Dubai’s total power generation capacity from clean energy sources by 2050.
"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. Al Jaber stated 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.
This landmark agreement will significantly reduce power generation emissions at the Hassyan Power Complex, directly supporting the UAE Net Zero by 2050 Strategic Initiative.
بحضور رئيس الدولة ونائبه، أدنوك توقع اتفاقية استراتيجية مع هيئة دبي للتوزيعات بهدف خفض الانبعاثات الكربونية في مجمع حصيان للطاقة، وذلك عبر تزويد المجمع بالغاز الطبيعي لتوليد الكهرباء بدلاً عن الفحم النظيف، مما يدعم استراتيجية الإمارات لتحقيق الحياد المناخي بحلول 2050. pic.twitter.com/DTjhPM0Ctd
— مكتب أبوظبي الإعلامي (@ADMediaOffice) September 9, 2022