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21.04.25 17:00

Economy

UAE and China sign three agreements for supply of liquefied natural gas

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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Nitin Gadkari

India's Union Minister for Road Transport and Highways

"Our resolution has just been passed. It is very important as far as the BRICS countries are concerned, which cover 40 per cent of the world's population. We are committed to the futuristic development of the transport sector, to create cooperation, coordination and communication between the stakeholders. This resolution indicates a lot of new technology and innovation in the transport sector. It covers the road sector, railways, aviation and water transport"

Prabowo Subianto

President of Indonesia

"This roadmap sets the framework for our joint efforts. Indonesia and Belarus have great potential for expanding cooperation in various fields. Our cooperation will focus on industrial development and agricultural modernisation. In industry, we see a major opportunity to increase trade volumes, investment, and cooperation between our two countries. We are also pushing for closer collaboration in culture and human resource development"

Liao Fan

Director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences (CASS)

"We also encourage countries of the Global South to work together and contribute to the global economy. We also call on developed countries to set aside issues such as national security and strategic competition when we are discussing real global challenges – pressing issues such as public health or poverty reduction – so that development resources can be channelled truly effectively to those countries that need them. [...] Major powers and large countries must bear greater responsibility for the well-being of people around the world. This is the responsibility of the major powers"

Anutin Charnvirakul

Prime Minister of Thailand

"Russia has been a trusted friend of Thailand for over a century. […] Next year, we will mark the 130th anniversary of the establishment of diplomatic relations between our countries. We will commemorate this important milestone with high-level exchanges, thereby reaffirming our shared commitment to an even stronger partnership for the benefit of our peoples"

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UAE and China sign three agreements for supply of liquefied natural gas

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