The Fujairah Natural Resources Corporation, the Fujairah Oil Industry Zone (FOIZ) and the Emirates General Petroleum Corporation (Emarat) have signed a strategic agreement in a move to improve the performance and efficiency of the oil, gas, and energy sectors.
In the presence of H.H. Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah,the agreement was signed by Mr. Ali Qasim, General Manager of the Fujairah Natural Resources Corporation, Captain Salem Abdullah Al Afkham, Director of FOIZ, and Dr. Rahma bin Mohammed Al Shamsi, Retail Sales Director at the Emarat.
Sheikh Mohammed stressed that this partnerships are vital for achieving sustainable development goals and integrating the industrial facilities system of the Emirate of Fujairah.
The project’s first phase will expand and link the gas network to Fujairah’s industrial facilities to encourage using natural gas in the emirate’s industry, commerce, and energy sectors.
Mr. Qasim said that the agreement will boost Fujairah’s economy and is an important milestone for the corporation’s sustainable development journey, in line with the country’s goals and policies to shift to a zero-carbon economy.
Mr. Qasim also highlighted the environmental benefits of using gas as a green energy source, such as improving sustainability, lowering carbon emissions, and facilitating economic growth in Fujairah.
Mr. Al Afkham affirmed the importance of natural gas for mining industries and its role in supporting innovation, research and development, to attract investments in natural gas and sustainable gas technology.
This will require developing cost-effective and environmentally supportive solutions for using gas in industries and diversifying energy sources, Mr. Al Afkham added, highlighting the need to stimulate the green economy and promote the concept of environmental sustainability.
