UAE to Hike LNG Exports to Meet Soaring Global Demand

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The UAE plans to increase its LNG exports to meet the rising global demand, outpacing investment in supply, as per the UAE's Energy Minister Suhail al-Mazrouei.

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The United Arab Emirates is growing its LNG exports to meet surging global demand that will outpace investment in supply, according to the UAE’s Energy Minister Suhail al-Mazrouei. “We intend not only to satisfy our local demand, but we are also growing our export of LNG,” the minister told Reuters on the sidelines of the Abu Dhabi Financial Week. “I agree with his excellency, Minister of Qatar, that the demand is going to be much, much more than the projects that we are seeing,” the UAE official added. This weekend,…

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