Home
|
Media Center
|
Careers
Personal
Accounts
Loans
eBanking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
Tutorials
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Our Strategy
Financials
Overview
Quarterly Reports 2010
Annual Report 2009
Annual Report 2008
Annual Report 2007
Annual Report 2006
Annual Report 2005
Annual Report 2004
Annual Report 2003
Annual Report 2001
Previous Quarter Results
Pillar Disclosures
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Internet Banking
Retail login
Help
|
Alert
What do you want to do?
Select here
Access Retail Internet Banking
Home
Investor Relations
Financial News
FinancialNews
11-09-22
Adnoc, Dubai Supply Authority ink natural gas agreement
(MENAFN) Adnoc and the Dubai Supply Authority (Dusup) have inked a tactical deal for the trade of natural gas.
The inking of the deal was joined by leader Sheikh Mohamed and Sheikh Mohammed bin Rashid, Vice Leader and commander of Dubai.
The agreement included that Adnoc is going to provide the authority with gas to produce electricity at the Hassyan power complex in Dubai, state-run news agency Wam mentioned in a report on Friday.
The action, which is going to substitute clean coal with natural gas, is going to notably cut emissions from power-generation functions and directly back the UAE's pledge for net zero emissions by the next 28 years (2050), it mentioned.
“This agreement further strengthens energy co-operation between Abu Dhabi and Dubai … to expand the breadth and depth of our energy relations,” according to Sheikh Ahmed bin Saeed, chairman of the Dubai Supreme Council of Energy and director general of Dusup.
Adding that “While many countries around the world are returning to coal as a result of geopolitical uncertainty and energy price volatility, the UAE is delivering on its commitment to decarbonise its power sector.”
MENAFN11092022000045014228ID1104844184
View complete sitemap
Personal
Accounts
Loans
Mortgage
eBanking
ATM
Internet Banking
SMS Banking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
BBK tariffs
Tutorials
Customer Protection
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Follow us
