The countries strengthen energy ties with LNG agreements
The United Arab Emirates and China have taken new steps to deepen their cooperation in the energy sector. This is reported by Emirates News Agency (WAM), a partner of TV BRICS.
The countries signed three agreements for the supply of liquefied natural gas (LNG), including the largest LNG agreement by volume ever signed between the UAE and China.
This initiative aligns with the UAE leadership’s vision of fostering international partnerships and creating new opportunities for sustainable economic growth. Experts believe that the signing of these LNG agreements, will help unlock new opportunities across the energy value chain and solidify ties with key Chinese partners.
China remains one of the UAE's largest international energy customers, benefitting from a strategic energy partnership that has spanned decades. As the world’s second-largest economy continues to grow, demand for reliable and sustainable energy sources is expected to increase.
Photo: iStock
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