US, UAE energy agreement to focus on five areas

A memorandum of understanding signed by the US and the United Arab Emirates will focus on five areas: energy policy formulation, energy efficiency, the energy-water nexus, carbon capture and storage, and unconventional oil and gas development.

The MOU was signed Oct. 1 at the US-UAE Strategic Energy Dialogue in Washington, DC, by US Sec. of Energy Ernest Moniz and UAE Energy Minister Suhail Al Mazrouei, and creates a framework for cooperation.

The US Department of Energy said the parties agreed on milestones and timelines and will hold the next meeting in Abu Dhabi in 2015. The inaugural meeting was held in June in Abu Dhabi.