Tuesday, April 13, 2010

Green Agreement


With all eyes on the United Arab Emirates, the country is making their next step towards being completely modern. Abu Dhabi recently announced that they are interested in green technology and will further research and negotiate their options.

The United Arab Emirates has currently been discussing negotiations with Norway in efforts to develop a green agreement between the two.

Abu Dhabi reports that "Norway's deputy petroleum and energy minister Robin Kass has given assurance of Oslo's desire to establish joint strategic projects with the UAE in the field of renewable energy and the development of the oil and gas industry to achieve sustainable development".

The partnership will hopefully provide alternative fuel sources and lower costs of energy.

In an article written by Gulf News, Norway's Kass stated that "this strategic decision will meet a rapidly growing demand for energy in the UAE from a peaceful nuclear source while maintaining stocks of oil and gas for the next generation through exports to foreign markets."

With the demand for alternative sources and lower costs of energy, the agreement between the United Arab Emirates and Norway seems to be full with potential. This is an exciting development and hope to hear good things in the time to come. We may even be able to hope for $1.00 gas prices....Anything is possible.


For any more information:
http://gulfnews.com/business/oil-gas/norway-eager-to-enhance-clean-energy-ties-with-uae-1.612017

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