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The President and Vice President of the UAE witnessed the signing of the landmark gas sales agreement…

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(Menaffin– Emirates News Agency (WAM))

ABU DHABI, 9th September, 2022 (WAM) — His Highness Sheikh Mohamed bin Zayed Al Nahyan, President, and Sheikh Mohammed bin Rashid, Vice President, Prime Minister and Ruler of Dubai His Highness De Al Maktoum witnessed the signing of the landmark gas sale between the Abu Dhabi National Oil Company (ADNOC) and the Dubai Supply Authority (DUSUP).

The agreement demonstrates the UAE’s commitment to progressive and pragmatic climate action and strengthens ADNOC’s role in enabling a responsible energy transition.

The agreement will see ADNOC supply DUSUP with natural gas, which will replace clean coal for power generation at Dubai Electricity and Water Authority’s (DEWA) IPP (Independent Power Producer) Hassyan Power Complex, further reducing the carbon footprint of the electricity generation process. This supports the UAE’s Strategic Initiative for Net Zero by 2050 and its plan to generate electricity from clean energy.

The agreement was signed by His Excellency Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai’s Supreme Energy Council and Director-General of DUSUP, and Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Minister of ADNOC Administration. Qasr Al Watan Signing Director and Group Chief Executive Officer.

Lieutenant General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, attended the signing ceremony of the agreement; Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court His Excellency Nahyan; His Excellency Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation; Sheikh Khalid, Member of the Abu Dhabi Executive Council and Chairman of the Abu Dhabi Executive Office His Highness bin Mohammed bin Zayed, as well as several ministers and senior officials.

His Highness Sheikh Ahmed bin Saeed said: “This agreement supports the vision and direction of the wise leadership to transform Dubai into a carbon neutral economy and provide 100% of Dubai’s clean energy by 2050. Power generation capacity. This agreement further strengthens the cooperation between Energy Abu Dhabi and Dubai, building on foundations originally laid in 1998 and strengthened over the years to expand the breadth and depth of our energy relationship.

“While many countries around the world are returning to coal due to geopolitical uncertainty and volatile energy prices, the UAE is delivering on its promise to decarbonize its power sector.”

Dr. Al Jaber said, following the direction of the UAE’s wise leadership, ADNOC is working to harness Abu Dhabi’s rich natural gas resources to meet the world’s growing demand for this important transition fuel and enable a responsible energy transition. This landmark agreement will significantly reduce power generation emissions at the Hassyan Power Complex, directly supporting the UAE’s strategic plan to achieve net zero emissions by 2050.

“Working closely with our customers and partners, ADNOC will continue to expand our gas capacity to meet our strategic goal of decarbonizing our energy and power systems, ensuring the UAE’s gas self-sufficiency, and driving long-term and sustainable growth in the UAE. “The UAE,” he added.

ADNOC’s Integrated Gas Master Plan links every part of the gas value chain to ensure a sustainable and economical supply of gas to meet the growing demands of the UAE and international markets. The plan includes the application of new methods and technologies to improve the natural gas recovery and competitiveness of existing fields, as well as the development of untapped resources and the use of innovations to continuously drive emissions reductions.

Domestically produced natural gas is more commercially competitive than imported coal or natural gas, and when replacing coal in power generation, it will support economic growth while reducing emissions.

ADNOC is a responsible supplier of reliable, low-carbon energy. In addition to expanding its natural gas business, ADNOC is growing its new energy business to capitalize on opportunities in hydrogen and renewable energy, while decarbonizing its business as it embraces the energy transition and continues to help meet global energy needs.

The Hassyan Power Complex was originally built as a dual-fuel plant capable of full-time operation on natural gas or clean coal at full capacity, but has been converted to run on natural gas only. Hassyan Power Complex currently has a net generating capacity of 1,200 megawatts (MW). An additional 600 MW (net) is planned for the fourth quarter of 2022 and another 600 MW (net) in the third quarter of 2023.

The complex is an important addition to DEWA’s power generation projects, including the Jebel Ali Power and Desalination Complex, the Al Aweer Power Station Complex, the Mohammed bin Rashid Al Maktoum Solar Park, the world’s largest single-point solar park with a planned capacity of 5,000 MW in 2030, green hydrogen and hydroelectric power plants in Hatta.

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