Dubai’s energy council is setting up a permanent committee to monitor petroleum product trading in the emirate.
The move is line with a previously issued resolution that outlined the regulatory framework for the trading of LPG and its derivatives in Dubai, Saeed Mohammed Al Tayer, vice chairman of the Dubai Supreme Council of Energy (DSCE), said.
“We also aim to regulate business practices and implement the highest international safety and security standards as well as ensure transportation, storage and distribution of LPG according to the approved criteria in the UAE,” he added, as cited by the Dubai Media Office.
It was announced at a meeting among council members, where they also talked about the progress of the Dubai Demand Side Management Strategy 2030, which was launched to promote “efficient management of electricity and water demand.”
“In 2021, savings were equivalent to 6.4 terawatts of electricity, approximately 12.5 percent of business as usual, and about 12.2 billion imperial gallons of water, equivalent to 9.4 percent,” Ahmad Al Muhairbi, secretary-general of the DSCE, said.
He added how demand-side programmes have contributed to avoiding 14.1 million tonnes of carbon dioxed emissions since 2011.