UAE pushes ahead with $20bn gas project to boost exports

The United Arab Emirates will accelerate $20 billion of natural-gas projects by awarding contracts for some of them in the coming days, as it seeks to boost exports of the fuel.

Abu Dhabi National Oil Co. will award engineering and construction work for the Dalma gas field in Arabian Gulf waters as soon as this week. The gas is meant to start flowing by about 2025.

Adnoc is among several major state oil companies increasing production of gas as consumers try to switch away from crude and coal. Gas is a cleaner form of energy, though the industry is still a significant source of carbon and methane emissions.

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