Natural gas to play pivotal role in powering UAE's economic growth for next 50 years: Al Jaber

Dubai - The three-day event brings together 15,000 global industry professionals.

Issac John

Published: Tue 21 Sep 2021, 2:29 PM

Last updated: Tue 21 Sep 2021, 11:24 PM

The UAE is on track to achieve self-sufficiency in natural gas, a fast-developing sector that would be playing a pivotal role in powering the nation’s economic growth over the next 50 years, Dr Sultan bin Ahmaed Al Jaber, UAE Minister of Industry and Advanced Technology, said in his inaugural address toat Gastech 2021 on Tuesday.

The three-day event brings together 15,000 global industry professionals in person for the first time since the onset of the Covid-19 pandemic.

Advertising

The event was inaugurated by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council.

Gastech, the world’s foremost exhibition and conference supporting the gas, LNG, hydrogen, and energy industry, concludes on Thursday.

The mega event will enable senior decision-makers and industry thought leaders to share insights and knowledge on providing a carbon-neutral, affordable energy future for all by 2050.

Speaking virtually, Al Jaber said the UAE is strengthening its position as a regional leader in natural gas and the emerging blue hydrogen market.

“Already at Adnoc, we produce about 300,000 tonnes of hydrogen a year. By leveraging our existing gas infrastructure, the UAE will become a major player in the emerging blue hydrogen market,” said Al Jaber.

— issacjohn@khaleejtimes.com