November 6, 2024
1 min read

Russian minister highlights UAE as largest energy partner in MENA

Mikhail Ivanov pointed out that ADIPEC 2024 is being held under the themes of green energy, digitalisation, and artificial intelligence, areas where Russia is eager to contribute solutions….reports Asian Lite News

Mikhail Ivanov, Russia’s Deputy Minister of Industry and Trade, emphasised the strong partnership between Russia and the United Arab Emirates in the energy sector, declaring the UAE as Russia’s largest partner in the Middle East and North Africa (MENA).

In statements to the Emirates News Agency (WAM) at ADIPEC, he highlighted Russia’s significant presence at this year’s edition. “This year, Russia is represented by approximately 70 companies, showcasing a wide range of equipment for the oil and gas sector, including pumps, compressors, automated control systems, software, and other innovative products.”

Mikhail Ivanov pointed out that ADIPEC 2024 is being held under the themes of green energy, digitalisation, and artificial intelligence, areas where Russia is eager to contribute solutions. “Russia is committed to offering its expertise in green energy. We boast one of the world’s greenest energy balances and are a recognised leader in nuclear energy,” he explained.

The Minister added, “We are also actively advancing renewable energy technologies, including solar and wind power. Our solar panel manufacturing is among the top five globally in terms of efficiency, with exports reaching multiple regions around the world. Additionally, we are developing wind power projects in collaboration with leading technological partners.”

Mikhail Ivanov also highlighted Russia’s investments in energy storage solutions, an area discussed during a panel session at ADIPEC. “We are constructing facilities for energy storage systems,” he noted. “Of course, our traditional energy sectors—hydrocarbon extraction, processing, and, increasingly, hydrogen energy—remain key areas of interest. Our producers have developed strong competencies in these fields, and we are looking to expand our cooperation with UAE companies and other partners across the Middle East.”

With Russia’s broad participation and innovative energy solutions, ADIPEC 2024 serves as a significant platform to further strengthen UAE-Russia ties in the global energy landscape.

ALSO READ: UAE’s Big FDI Goal: Dh2.2T by 2031

Previous Story

UAE continues to pioneer global energy sector, says India’s Puri

Next Story

Gulfood Manufacturing, Gulfhost open in Dubai

Previous Story

UAE continues to pioneer global energy sector, says India’s Puri

Next Story

Gulfood Manufacturing, Gulfhost open in Dubai

Latest from -Top News

India-New Zealand FTA Clears Final Vote

New Zealand’s Parliament has passed legislation needed to implement its free trade agreement with India, clearing the final domestic step for the landmark trade pact. Prime Minister Christopher Luxon said the agreement

Houthi drone intercepted near Mecca airspace

Saudi Arabia says it destroyed a Houthi drone south of Mecca before it entered restricted airspace, while the group denies targeting Islam’s holiest city, reports Asian Lite News Desk Saudi Arabia says

EAM Jaishankar Begins Two-Day Bhutan Visit

India’s External Affairs Minister S. Jaishankar arrived in Bhutan on Wednesday for a two-day official visit focused on bilateral cooperation and high-level engagement. His schedule includes talks with Bhutanese Foreign Minister Lyonpo

IMBAX 2026 Begins As India, Myanmar Boost Defence Ties

The 14-day exercise focuses on joint training, operational coordination and strengthening military-to-military cooperation…reports Asian Lite News Desk India and Myanmar have reaffirmed their commitment to promoting peace, stability and security in the
Go toTop

Don't Miss

UAE plans to buy L-15 aircraft from China

The UAE Ministry of Defense has said that it plans

Kerala CM Vijayan Begins Gulf Tour

Vijayan’s Middle East tour underwent a revision after the Ministry