The UAE needs to rely more on imported gas and set up alternative energy projects to ensure is fast-growing gas needs as most of its natural gas is associated with oil, according to a Gulf analyst.
Since it is bound to Opec production quota agreements, the UAE cannot sharply increase its crude output and this will restrict any major rise in gas supplies, said Abdulhamid Al Bassam, an economic consultant at the Riyadh-based Gulf Cooperation Council (GCC) secretariat.
In an article published in Saudi Gazette newspaper, he noted that the source of energy for power generation varies considerably across countries, depending on the domestic availability of energy resources.
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