He stressed that the UAE is committed to working with OPEC+ and making decisions that ensure the stability of the oil market

Al Mazroui: We are working to modernize the electric car system in the country

  • Modernizing the system contributes to increasing the number of electric cars and reducing the carbon footprint in the transportation sector. Archive

  • Suhail Al Mazrouei: The Ministry of Energy aims to establish fair pricing and stimulate the private sector to invest in the field of fast electric vehicle charging stations.

picture

The Minister of Energy and Infrastructure, Suhail bin Mohammed Al Mazrouei, said that the ministry is currently working on modernizing the electric car system in the country, by adding new charging stations, and concluding more partnerships with major international companies, which would increase the number of electric cars used in Emirates, and reduces the carbon footprint in the transportation sector.

Al Mazrouei added, in statements to the Emirates News Agency (WAM), yesterday, that the Ministry aims to establish fair pricing and encourage the private sector to invest in the field of fast electric car charging stations, which makes the UAE among the countries that have the best infrastructure in the world for fast charging of electric cars.

Regarding his vision of the global oil market in light of the changes taking place in the world, Al Mazrouei stressed that the UAE is committed to working with partners in OPEC+, with the aim of studying the market situation and making decisions that will ensure the stability of the global oil market, noting that the oil market is large, Many equations are involved, including the geopolitical situation the world is witnessing.

He stated that the Ministry of Energy and Infrastructure is working to update laws and legislation that are compatible with the requirements of the future government, which contributes to attracting more foreign investments in the energy, transportation and infrastructure sectors.

Al Mazrouei explained that the UAE aims to triple renewable energy projects by 2030, pointing out that the Barakah Fourth Peaceful Nuclear Energy Plant, which is expected to enter service during the year after completing operating procedures, contributes to accelerating the transformation in the energy sector.

• Adding new charging stations and concluding more partnerships with major international companies.