Emirates Petroleum Company (Emarat) and Sharjah National Oil Corporation (SNOC) have signed a Memorandum of Understanding (MoU) to establish a structured framework for cooperation and to identify and develop new business opportunities within the Liquefied Petroleum Gas (LPG) industry sector.
Ali Khalifa Al Shamsi, Chief Executive
Officer, Emarat, said, “This MoU reflects a UAE-first approach to building a
more resilient and future-ready LPG gas ecosystem. Together with SNOC, we will
pursue high-impact opportunities that strengthen continuity, expand market
capabilities, and support the evolving needs of industry and communities. We
see this collaboration as a long-term platform to deliver smarter energy
solutions with measurable national value.”
The MoU reflects a shared strategic intent
to advance the LPG sector, strengthen market resilience, and support the
continued evolution of the UAE’s energy sector through commercially focused
collaboration and long-term value creation.
Khamis Al Mazrouei, Chief Executive
Officer, Sharjah National Oil Corporation, said, “This MoU creates a strategic
pathway for SNOC and Emarat to collaborate on pragmatic, growth-oriented
opportunities in the LPG sector. By aligning capabilities and market intent, we
aim to support stronger energy security, smarter infrastructure utilisation,
and a more agile platform for the next phase of the UAE’s LPG gas development.
Through this partnership, we intend to convert shared ambition into tangible
outcomes that strengthen Sharjah’s and the UAE’s energy framework over the long
term.” -TradeArabia News Service