Strategic Agreement for Sustainable Development in Fujairah’s Energy Sector

2024-01-18 23:06:30

His Highness Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, witnessed the signing of a strategic agreement between the Fujairah Natural Resources Corporation, the Fujairah Petroleum Industries Zone (Foz), and the Emirates General Petroleum Corporation (Emarat).

The agreement was signed by Engineer Ali Qasim, Director General of the Fujairah Natural Resources Corporation, Captain Salem Al Afkham, Director General of the Fujairah Petroleum Industries Zone (Foz), and Dr. Rahma bin Mohammed Al Shamsi, Executive Director of the Retail Sales Department at the Emirates General Petroleum Corporation.

His Highness the Crown Prince of Fujairah stressed the importance of strategic partnerships in promoting sustainable development goals and achieving integration in the work system of industrial facilities in the Emirate of Fujairah to advance and develop the oil, gas and energy sector, and enhance its work levels towards the best outputs.

His Highness pointed out the support and follow-up of His Highness Sheikh Hamad bin Mohammed Al Sharqi, Member of the Supreme Council and Ruler of Fujairah, for major development projects that support the strategic objectives of the Fujairah Plan and its transformations in the most important vital sectors in the next stage, and keep pace with the state’s vision and future directions in the energy, industry and investment sector, which supports… Its indicators are in global competitiveness reports in these sectors.

Sectors

The agreement aims to launch the first phase of the project to connect and extend the gas network to industrial facilities operating in the Emirate of Fujairah, with the aim of enhancing the adoption of natural gas in the industrial, trade and energy sectors in the emirate.

Engineer Ali Qasim said that the agreement will contribute to driving economic growth in the Emirate of Fujairah, and also represents an important step in the Fujairah Natural Resources Foundation’s journey towards sustainable development to give priority to sustainable economic growth in the Emirate of Fujairah, in line with the state’s vision and directives to shift towards a carbon-neutral economy, explaining The environmental importance of relying on gas as clean energy in promoting sustainable development, reducing the carbon footprint, and driving economic growth in the Emirate of Fujairah.

For his part, Captain Salem Al-Afkham stressed the importance of natural gas for mining industries and its role in supporting innovation, research and development in a way that enhances investments in the field of natural gas and sustainable gas technology, and develops cost-effective solutions and supports the environment in the field of gas use in industries and the diversity of energy sources, as well as Its role in stimulating the green economy and promoting the concept of environmental sustainability.

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