“As the UAE continues its journey as a regional powerhouse, meeting the growing energy demand tops the government’s agenda,” Saeed Al Tayer, ENOC’s vice chairman, said. “We continue to move forward to realize our wise leadership’s vision in the establishment of a robust infrastructure to support the growth of the UAE economy which is based on the diversification of energy resources by increasing fuel production through the expansion of EPCL’s refinery.”
Al Tayer also discussed how the expansion project is a key building block for the company in the energy infrastructure sector. The project should help meet future demand and support sustainable growth, allowing the company to stay in line with Dubai Plan 2021.
“The UAE's energy demand is growing at about 9 percent a year; since our establishment, we have grown into a responsible, profitable and sustainable organization that has continuously met these needs,” Saif Al Falasi, group CEO of ENOC, said. “An emerging aviation sector and the evolving logistics needs of numerous businesses invoke a strategy that demands foresight. The refinery expansion is part of this strategy to develop enabling infrastructure that fuels the nation’s growth.”