UAE holds talks with Israel on expanding energy sector cooperation

UAE holds talks with Israel on expanding energy sector cooperation
A view of the platform of the Leviathan natural gas field in the Mediterranean Sea is pictured from the Israeli northern coastal city of Caesarea on December 19, 2019. (File/AFP)
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Updated 11 December 2020
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UAE holds talks with Israel on expanding energy sector cooperation

UAE holds talks with Israel on expanding energy sector cooperation
  • Both sides discussed their best achievements in the energy industry during the past decade
  • The UAE Ministry of Energy and Infrastructure and the Israeli Ministry of Energy discussed ways to develop bilateral relations between both countries

DUBAI: The UAE and Israel held talks to expand their cooperation in the fields of natural gas and petroleum, state news agency WAM reported on Thursday.
The UAE Ministry of Energy and Infrastructure and the Israeli Ministry of Energy discussed ways to develop bilateral relations between both countries and the future of joint cooperation in energy, petroleum and natural gas.
Both sides further discussed their best achievements in the energy industry during the past decade and the present petroleum and natural gas statistics for each country.
They further reviewed the most significant petroleum projects and gas fields they are currently working on, and the volume of stocks and their rate of production and digital fields.
The UAE and Israel have welcomed the idea of advancing the development of natural gas and petroleum in both countries following the signing of the Abrahamic Accords in Washington earlier this year.