UAE discovers trillions of cubic feet of shallow gas reservesChristian Fernsby ▼ | February 3, 2020
The United Arab Emirates announced today the discovery of huge gas reserves, saying the find would help the Gulf state achieve self sufficiency.
Energy in the UAE Abu Dhabi National Oil
Topics: UAE gas
"This new discovery reinforces the nation's goal of achieving gas self sufficiency, enabling major development projects," it said in a statement.
Leaders of Abu Dhabi and Dubai witnessed the signing of an agreement between ADNOC and Dubai Supply Authority for the exploration and development of the gas resources.
In November, Abu Dhabi announced new discoveries of seven billion barrels of oil to raise the UAE's total crude reserves to 105 billion barrels, the world's sixth largest.
It also announced the discovery of 58 trillion cubic feet of conventional gas, boosting total reserves to 273 trillion cubic feet as well as 160 trillion cubic feet of unconventional gas.
Most of these reserves are located in Abu Dhabi. ■