The UAE is advancing ambitious plans to become a net gas exporter through developing unconventional reserves and sour gas. Meanwhile, state firm Adnoc is targeting 5mn b/d production capacity by 2030.
Crude Output | 2.78 | mn b/d |
Crude Exports | 2.65 | mn b/d |
Refining Capacity | 1.26 | mn b/d |
Oil & Gas Export Revenue | 38.4 | $bn |
GDP Growth | -5.8 | % |
19 May, 2023
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As global demand for low-emission products grows amid the energy transition, the UAE aims to capitalize on its growing low-carbon electricity supplies to transform its industrial base and catalyze the next phase of economic growth.
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