The Ministry of Energy and Infrastructure (MOEI) of the UAE and Lootah Biofuels signed an agreement on Monday, to increase research in the field of fuels
Lootah Biofuels provides solutions for producing biofuel from cooking oil in the UAE. The partnership aims to solidify bilateral relations and foster collaboration in developing, promoting, and utilising biofuels as a sustainable and alternative energy source for the UAE.
The key focus areas under the MoU include collaborative R&D initiatives to explore and develop the biofuels market in the UAE and share knowledge and technical expertise through workshops, seminars, and knowledge-sharing sessions for industry stakeholders.
The partnership will also facilitate the mutual exchange of comprehensive data pertaining to biofuel production and commercial distribution. This data will be instrumental in informing policy decisions and tracking progress towards national clean energy goals.
The collaboration will focus on raising awareness and promoting the use of biofuels across the UAE. This will contribute to enhancing the country's energy security and achieving its environmental sustainability objectives.
H.E Sharif Salim Al-Olama, undersecretary for Energy and Petroleum Affairs in the Ministry of Energy and Infrastructure, said, “I would like to appreciate the efforts being made by Lootah Biofuels to promote the use of biofuels and to raise public awareness. We are excited to collaborate with Lootah Biofuels to continue advocating for adopting sustainable solutions while driving our climate commitments."
Yousif bin Saeed Lootah, founder and CEO of Lootah Biofuels, said, “Our collaboration with the Ministry of Energy and Infrastructure signifies Lootah Biofuels’ commitment to supporting the UAE's clean energy strategies to develop greener and circular energy resources. As an Emirati brand, we are honoured to partner with MoEI to drive the biofuels industry forward and contribute to the UAE's Net-Zero 2050 ambition."
