Non Stop Hits
End Of Beginning
Djo
Listen to Virgin Radio
Listen Live

UAE looks to assist India reach energy goals through investments

Thursday, 21 October 2021 09:36

By ARN News Staff

WAM

The UAE is keen to build on energy investments in India, and assist the country in expanding its renewable energy portfolio.

That’s according to Dr. Sultan Ahmed Al Jaber, the Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC).

The official reinforced the UAE’s commitment to India’s energy security and said the UAE will always remain India’s trusted partner of choice as the UAE looks to build on the investments it has already made to help reach India’s 450 GW goal by 2030.

Indian companies have steadily increased their participation in the UAE’s energy sector.

India enjoys a coveted spot as a partner country in the energy sector, with the 1.3 billion large population being the UAE’s largest Liquified Natural Gas (LNG) customer.

Additionally, a consortium of two Indian oil companies was awarded the exploration rights for an onshore block in Abu Dhabi in 2019.

Share

More from Business News

  • Nasdaq set to confirm bear market as Trump tariffs trigger recession fears

    The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.

  • Dana Gas and Crescent Petroleum exceed 500M boe in Khor Mor field

    UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).

  • China to impose tariffs of 34% on all US goods

    China has announced a slew of additional tariffs and restrictions against US goods as a countermeasure to sweeping tariffs imposed by US President Donald Trump. The Finance Ministry said it would impose additional tariffs of 34 per cent on all US goods from April 10.

  • Shares bruised, dollar crumbles as Trump tariffs stir recession fears

    Stocks limped to the end of the week on Friday, the dollar was set for its worst week in a month while gold flirted with a record peak as investors feared US President Donald Trump's sweeping tariffs would tip the global economy into a recession.

On Virgin Radio today

  • Non Stop Hits

    1:00am - 8:00am

    The UAE's #1 Hit Music Station with no interruptions

  • Adam Eddine

    8:00am - 11:00am

    Playing 10 hits in a row every hour, all weekend!

Trending on Virgin Radio

Our Shows

Text us on WhatsApp

More from VRD

Virgin, Virgin Radio and the Virgin Signature and Virgin Radio logos are trademarks of Virgin Enterprises Limited and are used under license.
For more information on Virgin Radio International visit www.virginradio.com

© 2025 ARN and Aiir. All Rights Reserved.