The UAE’s energy sector is being transformed. Plans to expand crude oil production to 5mn b/d have been brought forward to 2027, gas expansion projects are advancing, while nuclear and solar power plants are providing industrial facilities with clean energy to future proof them amid the energy transition.
Crude Output | 3.05 | mn b/d |
Crude Exports | 2.88 | mn b/d |
Refining Capacity | 1.26 | mn b/d |
Oil & Gas Export Revenue | 94.7 | $bn |
GDP Growth | +6.9 | % |
19 Apr, 2024
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Total has cut its stake in Abu Dhabi’s Ruwais-Diyab unconventional gas development from 40% to 10%. But Adnoc remains bullish on the emirate’s gas targets.
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