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Abu Dhabi's Energy Industry

H.E. Eng. Awaidha Murshed Ali AL MARAR

Chairman

ABU DHABI DEPARTMENT OF ENERGY

Hydrogen technology has great potential to provide a clean, reliable, renewable and economical source of energy.

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Abu Dhabi In Figures

UAE oil reserves105 billion barrels

UAE oil production3.99 million bopd

UAE gas reserves5.9 tcm

UAE gas production62.5 bcm

Abu Dhabi: Reform and New Partnerships

Abu Dhabi, the largest of the seven emirates, holds total proven reserves of 92.2 billion barrels of oil, making the UAE among the top 10 nations by reserves size. The Abu Dhabi National Oil Company (ADNOC) is responsible for nearly all of its oil and gas production, which stand at close to 4 million bopd and 277.5 mcm (9.8 bcf) per day.

Oil and gas has been the UAE’s economic axis, representing 40% of its GDP over the last decade. Yet the country is pushing to diversify its economy, building a strong manufacturing sector where metal processing (i.e. aluminium) and chemicals (i.e. fertilisers) have been important areas of growth. This is part of the UAE’s “Vision 2030,” which aims to reinforce non-oil sectors. However, oil still represents around 30% of the country’s exports.

The Energy Year Abu Dhabi 2021 is currently in production, and will provide comprehensive insights on the full scope of the country’s energy industry. Our last report, The Oil & Gas Year Abu Dhabi 2019, is the most up-to-date investment guide on the country’s hydrocarbons industry. It was produced and published in partnership with the Ministry of Energy and ADNOC.