The UAE’s energy sector is being transformed. Plans to expand crude oil production to 5mn b/d have been brought forward to 2027, gas expansion projects are advancing, while nuclear and solar power plants are providing industrial facilities with clean energy to future proof them amid the energy transition.
Crude Output | 3.05 | mn b/d |
Crude Exports | 2.88 | mn b/d |
Refining Capacity | 1.26 | mn b/d |
Oil & Gas Export Revenue | 94.7 | $bn |
GDP Growth | +6.9 | % |
18 Oct, 2024
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Adnoc’s plans to add 1.5mn b/d pipeline capacity between its Jebel Dhanna terminal in Ruwais and Fujairah by 2027 can facilitate the transfer of crude from offshore fields to the Indian Ocean export terminal without having to cross the Strait of Hormuz. Currently only 1.8mn b/d of onshore output has access to the route
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