India-UAE Strengthen Energy Ties with Barakah Nuclear Deal and LNG Agreement

The UAE and India have signed a Memorandum of Understanding on the maintenance and operation of the Barakah Nuclear Power Plant in Abu Dhabi.

During the visit of Abu Dhabi Crown Prince Sheikh Khalid bin Mohammed, the Emirates Atomic Energy Company and the Atomic Energy Corporation of India signed a memorandum of understanding on the maintenance and operation of the plant, the Ministry of External Affairs of India said in a statement yesterday. Bin Zayed Al Nahyan to New Delhi.

According to the Emirates News Agency (WAM), “the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and India announced these agreements.

According to the agency, the two institutions “have partnered to provide a formal framework to share knowledge and exchange expertise in all areas of nuclear development, highlighting the UAE’s leading nuclear capabilities, recognized as a global benchmark by the International Atomic Energy Agency.” For new nuclear nations worldwide.”

Abu Dhabi National Oil Company (ADNOC) also signed a 15-year contract to supply liquefied natural gas (LNG) to Indian Oil Corporation, under which ADNOC will supply one million metric tons of gas annually, mainly from its low-carbon Ruwais LNG. project.

ADNOC has signed a strategic framework agreement with India’s Strategic Petroleum Reserves Limited to extend its existing oil storage and management contract and support India’s energy security.

An agreement was signed between the United Arab Emirates and the Ministry of Food Industry of India to develop a food and agriculture park in the Indian state of Gujarat using the latest advanced and innovative technologies in the food sector.

Last Thursday, the United Arab Emirates announced the completion of the Barakah nuclear power plant, the first in the Arab world.