UAE tries to ride two horses
Abu Dhabi’s plans to raise oil and gas production are advancing despite the federation’s carbon-cutting pledges
The UAE grabbed international headlines in early October by becoming both the first Mid-East Gulf petrostate and first Opec member to pledge carbon neutrality by mid-century. But Abu Dhabi has never hidden its intent to not only maintain but also increase long-term oil and gas production, controversially insisting the two ambitions can happily co-exist. Government-owned Adnoc is now pushing forwards on a trio of upstream expansion projects designed to help realise its output goals. And the exploitation of offshore sour gas reserves and of maturing oilfields promise to be energy-intensive. Restoring gas self-sufficiency is a political and economic priority for Abu Dhabi, all the more so given
Also in this section
19 August 2024
Uncertainty persists in South Sudan’s oil sector, potentially threatening the viability of the young nation itself