Saudi Arabia and Abu Dhabi discuss energy cooperation
The UAE and South Korea discussed strengthening cooperation in the energy sector, including the establishment of joint oil reserves and nuclear power plants, amidst the prevailing uncertainty surrounding global supply chains. During the meetings, it was confirmed that the process of importing 24 million barrels of crude oil between the two countries is ongoing, along with discussions on infrastructure projects for energy supplies and collaboration in developing nuclear energy projects in third countries. Additionally, the Korean side requested support for Korean companies participating in Emirati energy projects.
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