The Ministry of Energy and Infrastructure of the United Arab Emirates and the Ministry of Energy and Mineral Resources of the Republic of Indonesia, have signed a Declaration of intent to boost the economic and social development between the two countries and exchange knowledge and data in the energy sector.

Signed during a joint meeting between the two countries at Abu Dhabi International Petroleum Exhibition Conference ‘ADIPEC 2022’, chaired by His Excellency Sharif Salim Al Olama, Under-Secretary of the Ministry of Energy and Infrastructure for Energy and Petroleum Affairs, and His Excellency Tutuka Ariadji Director General of Oil and Gas, Ministry of Energy and Mineral Resources of the Republic of Indonesia.

The Declaration of intent include a formation of teamwork in the energy sector between the UAE and Indonesia.

Sharif Al Olama, pointed out that the energy teamwork between the two countries aims to develop cooperation in the energy and mineral resources sectors between the government entities and government-owned companies as well as support the cooperation between the private sectors in the two countries.

The collaboration will include developing the electricity system, power stations, oil, and gas, developing the clean and renewable energy sectors, encouraging investment and commercial activities in the energy and mineral resources sectors and establishing joint projects between the two countries.

Furthermore, the agreement will include developing the technology of energy (Carbon storage, Carbon capture and storage, Nature-based solution, Biofuel), exchanging data in the energy and mineral resources development including the laws, regulations and policies, and cooperation in holding workshops and sessions.