Abu Dhabi’s Taqa in Talks to Import Iran’s Gas to UAE

TEHRAN (Fars News Agency)- Abu Dhabi National Energy Co TAQA.AD (Taqa) said it is in early talks to import natural gas from Iran to the United Arab Emirates, and invest in the Iranian energy industry, including in power.

“Taqa is in talks with Iran to import gas for the UAE,” Chief Executive Officer Peter Barker-Homek told reporters in UAE capital, Abu Dhabi, on Thursday. “We certainly see economic co-dependence as something of the future.”

Taqa is considering investing in Iran’s natural gas industry, including in liquefied natural gas and pipelines, as well as electricity, Barker-Homek said.