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Emarat and Sewa sign agreement

The Dasman fuelling station in Sharjah has been selected to supply Compressed Natural Gas (CNG) in six months time for these vehicles as part of national efforts to publicise the use of CNG in public transport.

Adel Khalifa Al Shaer, deputy manager of Emarat for sales and marketing, called the agreement as a giant leap towards utilising the huge reserves of gas in the country.

Citing international estimates, he said gas output in the UAE, which holds the world’s largest fifth gas reserves, is projected to grow 50 per cent to 64 billion cubic metres by 2008 from 44 billion cubic metres at present. He indicated that world demand for gas is also set to rise fivefold by 2030, a growth that will make gas the prime source of energy.

”Consumption of gas in the UAE is on rise and seen by global energy circles as one of the highest in the world, underlining the robust growth of UAE economy, he noted. Annual growth rates of energy products (oil and gas) in the UAE, he said, is not less than four per cent against the world rate of three per cent.

”The increasing demand and consumption of energy is fuelled by the massive socio-economic development,” he added.

According to these figures, local consumption of energy is estimated at 48 million metric tonnes a year of which 15 million metric tonnes are fluid fuels. Emarat’s share is put at 3.6 million metric tonnes (7 per cent). per capita consumption is estimated at 11,000 kilos of energy a year, being described as one of the highest in the world.