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The U.S., Israel and UAE governments agreed to form a joint energy strategy

The U.S., Israel and UAE governments agreed to form a joint energy strategy

Washington, October 7 - Neftegaz.RU. The 3 countries have agreed to develop a joint strategy to boost co-operation in the energy sector, the energy ministers said in a statement.

"Israel, the United Arab Emirates, and the United States are committed to exploring collective activities in multilateral settings in coordination with financial institutions and the private sector to enhance international investment in research and development and the rapid adoption of new energy technologies," the statement added.

The energy ministers said they will also “seek to find solutions to the energy challenges faced by the Palestinian people” through the “development of energy resources, technologies, and related infrastructure”.

The UAE’s energy minister Suhail al-Mazrouei said in September that the country may collaborate with Israel on water desalination and solar power projects as it looks to reduce its reliance on fossil fuels. The UAE became the 1st Gulf country to generate power from nuclear energy this year, through the 1st of 4 reactors that will come online at the Barakah plant, just off the coast of Qatar.

Israeli energy Minister Yuval Steinitz said in June that the country is looking to increase its solar capacity to 16GW by 2030 – taking its share in the power mix up from 5% in 2019 to 30% over the next 10 years.

Israel and the UAE signed an agreement on September 15 to establish full diplomatic relations. Turkey and Iran both criticised the agreement.

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