Dubai intends to create a committee to monitor the trading and sale of oil derivatives, to ensure the application of the highest standards of security and safety in society.
Today, Monday, the Chairman of Dubai Supreme Council of Energy, Sheikh Ahmed bin Saeed Al Maktoum, chaired the 71st meeting of the Council, in the presence of the Vice Chairman of the Council, Saeed Mohammed Al Tayer.
The meeting discussed several topics, most notably the review of the formation of a permanent committee to monitor the circulation and sale of oil derivatives in Dubai, and the savings achieved by the strategy for managing demand for energy and water.
Saeed Al Tayer indicated that the Chairman of Dubai Supreme Council of Energy issued Resolution No. 3 of 2021 to set the regulatory framework, strategies and legislation for the distribution of liquefied petroleum gas and its derivatives in Emirate of Dubai.
The aim is to be in line with the highest international standards in this field.
“We aim to regulate business practices, apply the highest international standards in security and safety, and ensure the circulation of liquefied petroleum gas from transportation, storage and distribution in the emirate,” he added.
The Supreme Council of Energy will coordinate with the relevant government agencies to carry out joint inspection campaigns to ensure that workers in the sector comply with the decision and apply the highest standards of security and safety.
In turn, Council Secretary Ahmed Butti Al Muhairbi said: “During the meeting, we were briefed on the savings achieved by Dubai Energy and Water Demand Management Strategy 2030.”
According to the data, during the year 2021, the equivalent of 6.4 terawatt-hours of electricity was saved, approximately 12.5% compared to the usual situation, and about 12.2 billion gallons of water, equivalent to 9.4% compared to the usual situation.
He added: “Since 2011, Dubai Energy and Water Demand Management’s programs have contributed to avoiding 14.1 million tons of carbon dioxide emissions and saving nearly 9 billion dirhams.
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