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Artikel

5 Okt 2023

Autor:
The New Arab

UAE: Major gas project approved mere weeks before COP28; Incl. Co. comment

"UAE approves mega gas project weeks ahead of COP28"

Emirati energy giant ADNOC said on Thursday it had awarded contracts to build a major gas project, just a few weeks before the Gulf state hosts the COP28 climate conference.

The company said it would invest in the Hail and Ghasha offshore fields, pledging that it would be the "world's first project that aims to operate with net zero emissions"...

The Hail and Ghasha projects are part of the Ghasha concession in the emirate of Abu Dhabi, which aims to produce more than 1.5 billion cubic feet of gas per day by 2030.

"ADNOC will continue to responsibly unlock its gas resources to enable gas self-sufficiency for the UAE, grow our export capacity and support global energy security," it said in the statement.

In a report published in September, experts from the Climate Action Tracker group highlighted the UAE's "dependency on gas for electricity", expressing concern about the COP28 host's commitment to carbon capture...

ADNOC made a commitment in July to achieve carbon neutrality by 2045 for its own operations.

But the target does not take into account the indirect emissions produced by the hydrocarbons exported and burned by its customers, which account for the vast majority of its carbon footprint.

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