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UAE intends to replace Russia in the European gas market

On Monday, the visit of the new President of the United Arab Emirates, Sheikh Mohammed bin Zayed An-Nahyan, to France began, reports Arab News. After talks with host country leader Emmanuel Macron, France decided to supply natural gas from the UAE to reduce fuel dependence on Russia.

“Cooperation in any energy sector is critical. The UAE stands ready to support the energy security of all people, especially French citizens,” Sheikh Mohammad said.

In addition, representatives of the two countries signed a broad agreement on cooperation in the field of energy, which covers mutual investments in the field of hydrogen and nuclear energy, as well as the development of renewable energy sources.

Foreign Policy Adviser to the UAE President Anwar Gargash said that his country "intends to remain a reliable partner in the energy sector." “We have been selling oil to the Far East for 40 years, and now, in this time of crisis, we will target Europe,” he said.

UAE intends to replace Russia in the European gas market