UAE

UAE To Spend $35bn On Reducing Gas Imports For Powergen

UAE Minister of Energy Suhail al-Mazrouei says the country is investing $35bn to diversify its energy sources and reduce its dependence on imported natural gas for electricity generation. He says the UAE aims to reduce gas-burning from almost 100% of power generation today to 70% by 2020-21.

The UAE’s current power generating capacity amounts to 28.85GW. All of this is gas-fired capacity, apart from two solar...