Providing reliable and affordable energy will reinforce stability in the Middle East and drive economic growth, Suhail bin Mohammed Al Mazrouei, Cabinet Member and Minister of Energy and Infrastructure, said.
Addressing a virtual meeting of energy ministers and senior officials of UAE, US, Bahrain, Israel, Morocco and Sudan, he said UAE believes in the wide-ranging prospects of growth awaiting the energy sector in the Middle East, a WAM report said.
The international meeting reviewed the prospects of developing the energy sector and follow up on the recommendations made by a meeting held in Abu Dhabi in December as part of the Abraham Accords Peace Agreement, signed in the same month.
The minister noted the significant role played by energy partnerships in promoting stability in the region.
"The multilateral cooperation prospects in the field of energy provided by the Abraham Accords Peace Agreement will promote peace and stability in the region," he said.
The minister underlined the importance of promoting cooperation between research centres to facilitate collaboration between scientists and businesses to exchange expertise and transfer knowledge.
Attending the meeting were Bahraini Minister of Oil, Sheikh Mohamed bin Khalifa Al Khalifa, Dan Brouillette, the Secretary of the US Department of Energy, Yuval Steinitz, Israel's Minister of Energy, Egyptian Petroleum and Mineral Resources Minister, Tariq al-Mulla, Aziz Rabbah, Morocco's Minister of Energy, Mines and Environment, and Sudan's Acting Minister of Energy and Mining, Khairi Abdul-Rahman. -- Tradearabia News Service