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United Arab Emirates Oil and Gas Sector: Balancing Tradition and Transition
The United Arab Emirates (UAE) stands as one of the most influential players in the global oil and gas industry, leveraging vast hydrocarbon reserves, strategic investments, and progressive energy policies. While continuing to be a major exporter of oil and natural gas, the UAE is also positioning itself at the forefront of energy diversification and sustainability, striking a balance between maximizing its fossil fuel resources and preparing for a low-carbon future.
Overview of UAE’s Oil and Gas Sector
The UAE is a federation of seven emirates, with Abu Dhabi being the dominant force in the country’s oil and gas output. The nation holds the seventh-largest proven oil reserves and sixth-largest natural gas reserves in the world, with most reserves concentrated in Abu Dhabi’s onshore and offshore fields.
