[ad_1]
Abu Dhabi (The Federation)
Dr. Patrick Alman-Ward, CEO of Dana Gas, expects Chinese financial institutions to play a major role in financing energy projects in the United Arab Emirates in the coming period. "The oil and gas sector in the United Arab Emirates has attracted remarkable interest and continued investment from Chinese governments and private companies in recent years, which is clearly in line with China's strategic interest in building strategic relations with supplier countries.It is one of the main axes of the Chinese initiative "Belt and Road".
 |
|
 |
|
He pointed out that the contracts signed in oil and gas between the Emirates and China meet the long-term strategic requirements of ADNOC, reflecting the attractive and low-risk investment climate of the UAE under its wise leadership.
Joint Statement between the UAE and the United Arab Emirates China in the field of cooperation for the development of oil and gas resources has confirmed the encouragement of relevant government authorities and associated enterprises of s two countries to strengthen their cooperation in the areas of crude oil and natural gas, cooperation in the field of strategic storage and refining of derivatives and petrochemical products, industrial and commercial activities related in this area.
We are online and are not responsible for its content.
[ad_2]
Source link
