Industry News
UAE to Invest in Energy Export Routes and Overseas Storage, Minister Says
The United Arab Emirates plans to protect its energy infrastructure and invest in new export routes, overseas storage capacity, and shipping fleets, according to Energy Minister Suhail al-Mazrouei. Speaking at ADIPEC in Abu Dhabi, the minister noted that a new pipeline to Fujairah will double crude capacity by next year. Mazrouei also stated that national crude exports have at times exceeded levels recorded prior to regional hostilities.
