DUBAI: UAE’s Abu Dhabi National Oil Company (ADNOC) agreed on Monday to boost its budget allocation for landmark decarbonization projects, technologies and lower-carbon solutions to $23 billion (84.4 billion UAE dirhams), Abu Dhabi media office reported.
ADNOC signs 15-year LNG supply deal with unit of China’s ENN
ADNOC also confirmed it would drive $48.5 billion back into the UAE economy over the next 5 years.
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