4th February 2020
EP Desk

 

The United Arab Emirates energy said recently it was investing heavily to secure its energy resources.

 

"We are in a very good position to secure ourselves and keep securing our customers (needs)," Energy Minister Suhail al-Mazrouei told an energy conference in the capital Abu Dhabi.

 

"We are committed that (our partners) have ample supply of hydrocarbons and we are investing heavily to ensure that energy security for... our partners are well secured," he added.

 

He said investments by foreign companies in the UAE energy sector reflected their confidence in the country's security.

 

The chief executive of Abu Dhabi National Oil Co (ADNOC) said earlier the state oil company was on schedule to increase its oil production capacity.

 

"We will continue to responsibly grow our hydrocarbon resources to ensure reliable flows of energy to global markets," Jaber said.

  


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