UAE energy minister sees no fuel supply shortage amid Gulf crisis

United Arab Emirates Energy Minister Suhail bin Mohammed al-Mazroui said on Thursday he does not foresee any shortage in fuel supply in the Gulf OPEC country.

“I can assure you that the UAE will always be safe, and consumers in the UAE will be safe in terms of energy requirements,” Mazroui said in Paris, when asked about any impact of the Gulf embargo on Qatar on fuel supplies to the UAE.

“We don’t foresee any shortage. If one of those sources is short, we have a backup plan that we can source fuel from. We have several FSRUs (floating storage and regasification units), we have our own internal network and the UAE is not worried about any shortfall of energy now or ever.”

Qatar supplies natural gas to the UAE and Oman through the Dolphin pipeline.

The UAE, Saudi Arabia, Egypt and Bahrain severed diplomatic and transport ties with Qatar, the world’s top seller of liquefied natural gas (LNG), accusing it of supporting terrorism. Doha denies the accusation.

A shutdown of Dolphin would cause major disruptions to the UAE’s gas system. Officials from both countries have said Qatar has no plan to shut the pipeline.
Source: Reuters (Reporting by Bate Felix; Writing by Rania El Gamal; Editing by Dale Hudson)