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FINANCIAL NEWS
UAE to invest in its natural gas supplies
16 Oct 2013
(MENAFN) A top energy official said that the UAE plans to invest in its natural gas supplies and utilize gas as a primary source of generating power, according to Arab News.
The country’s diversification in energy policy is expected to keep attracting investors from all over the world and support its economy, said Matar Al-Niyadi, undersecretary of energy.
Al-Niyadi said the UAE”s innovative energy policy rests on four pillars ” diversification, conservation and efficiency, security of supply and managing talent in the industry.
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