Philippines and UAE sign MoU for energy transition cooperation
Author: PPD Team Date: December 6, 2024
The Governments of the Philippines and the United Arab Emirates (UAE) have signed a memorandum of understanding (MoU) to strengthen cooperation in energy transition.
The agreement focuses on key areas such as renewable energy, liquefied natural gas, nuclear energy, power infrastructure, and emerging technologies.
An implementation agreement with a UAE state-owned firm is expected in January 2025, advancing renewable and alternative energy projects.
This MoU follows a similar agreement signed in October 2024 with Saudi Arabia to expand bilateral energy ties in the region.