United Arab Emirates and Israel discussing cooperation in energy field

The energy ministers of the United Arab Emirates and Israel discussed, on Wednesday, bilateral relations between the two countries, and ways to strengthen and develop them, especially the renewable energy sector.

The United Arab Emirates and Israel Mutual cooperation in the energy field

A part of Mazrouei’s virtual meeting with the Israeli Minister of Energy

The Emirates News Agency “WAM” indicated that the United Arab Emirates Minister of Energy and Infrastructure, Suhail Al Mazrouei, discussed with the Israeli Minister of Energy, Yuval Steinitz, through visual communication technology meeting, in order to discuss the bilateral relations between the United Arab Emirates and Israel and ways to enhance and develop aspects of the mutual cooperation in the energy field, infrastructure, and especially the renewable energy sector.

The United Arab Emirates Energy Strategy 2050

Al Mazrouei, the UAE Minister of Energy and Infrastructure reviewed, during the meeting, the United Arab Emirates Energy Strategy 2050, which is considered the first unified energy plan in the country that balances the following:

-Production

-Consumption

-Global environmental obligations

The United Arab Emirates Energy Strategy 2050 aims at ensuring a comfortable economic environment for growth in all its sectors.

The United Arab Emirates and Israel Strategic communication

The two sides of the United Arab Emirates and Israel discussed ways to enhance cooperation between them in the oil and gas sector, the shift towards green energies, in addition to focusing on the sector of advanced technology companies in the field of energy and cybersecurity-related to energy and issues of common interest.

Both countries the United Arab Emirates and Israel show acceptance for the discussion about the investment opportunities between the two countries in the energy sector, the mechanism for enhancing and developing them, and ways to develop them in order to achieve the common interests of the two countries.

Source: WAM
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