NewBase July 08-2022 Energy News issue - 1526 by Khaled Al Awadi.pdf

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NewBase Energy News 08 July 2022 No. 1526 Senior Editor Eng. Khaed Al Awadi
NewBase for discussion or further details on the news below you may contact us on +971504822502, Dubai, UAE
Abu Dhabi's Taqa to retain 'vast' majority of oil and gas assets
The National + NewBase
Abu Dhabi National Energy Company, or Taqa as it is known, is retaining the vast majority of its oil
and natural gas assets following an almost year-long strategic review.
The strong contribution of the oil and gas business to Taqa's earnings amid a surge in global
hydrocarbon prices is among the reasons it has decided to keep the assets, Taqa said in a
statement on Tuesday.
The decision takes into account "macroeconomic changes" during the past 12 months, which are
expected to continue for some time, as well as “other asset-specific drivers”, the company said.
From its oil and gas portfolio, the company only plans to divest its upstream assets in the
Netherlands, where it is already in discussions for the sale. The decision is based on “the nature of
the assets and the relatively small contribution the assets make to Taqa's group earnings”, the
company said.
“We have conducted an extensive review of our oil and gas portfolio, including reaching out to the
market to explore the potential for disposal,” Jasim Thabet, group chief executive and managing
director of Taqa, said.
“Retaining the vast majority of the portfolio will deliver the best value for the company and its
stakeholders. This is in part evidenced by the strong contribution — over 15 per cent — that the oil
and gas business contributed to our revenue and earnings in 2021. That trend has continued into
this year.”
In September, Taqa announced the strategic review to assess all options for its oil and gas division
and “the optimal course for its future development while taking into consideration the evolution of
the global energy industry as it transitions towards a cleaner and more sustainable future".

Oil prices gained 67 per cent last year as the global economy bounced back from the Covid-19
pandemic-driven slowdown. They have remained volatile this year as Russia’s military assault
on Ukraine continues.
Brent, the global benchmark for two-thirds of the world’s oil, rose to a notch under $140 per barrel
in March. It has since given up some gains but is still 45 per cent higher since the beginning of this
year.
Brent was trading 1.29 per cent lower at $112.04 per barrel at 4.17pm UAE time. West Texas
Intermediate, the gauge that tracks US crude, was up 0.30 per cent at $108.76 a barrel.
The Taqa at World Future Energy Summit at ADNEC. The company is investing Dh40bn in clean
energy infrastructure in the UAE. Victor Besa / The National
Last month, Suhail Al Mazrouei, Minister of Energy and Infrastructure, said oil prices could go higher
as Chinese demand is set to recover significantly, while efforts by Opec+ group of producers to
raise production were not yielding results fast enough.
In June, Opec maintained its forecast that world oil demand would exceed pre-pandemic levels in
2022, but said Russia’s military offensive in Ukraine, developments related to the pandemic and
inflationary pressures posed a “considerable risk”.
The group maintained oil demand forecast for this year at 3.36 million bpd, unchanged from the
previous month's forecast. Global oil consumption in 2022 is projected to average 100.29 million
bpd, with demand exceeding 2019 levels by 0.09 million bpd, according to its estimates.
Taqa, which has upstream and midstream assets in the UK North Sea, the Netherlands, Canada
and the Kurdish region of Iraq, is pivoting to become a clean energy champion.
In April, Taqa announced its 2030 strategy that involves investing $10.9 billion in infrastructure
development as it seeks to add about 27 gigawatts of power capacity and expand its renewables
portfolio.
The company plans to expand its power-generation capacity in the UAE from 18 gigawatts to 30
gigawatts and boost its global generating capacity by 15 gigawatts.
It currently has the Al Dhafra Solar PV Plant under construction, which will overtake Noor Abu Dhabi
— also run by Taqa — to become the world’s largest single site solar PV plant, once completed.
“Our strategy remains to be a champion for low carbon power and water for Abu Dhabi and beyond
and to continue to improve and expand our utility businesses, with a clear focus on renewables,” Mr
Thabet said.
“As such, we remain committed to becoming a net zero company by 2050.”
The UAE, Opec's third-largest oil producer, plans to invest Dh600bn ($163bn) by 2050 in renewable
and clean energy capacity and achieve net-zero emissions in the next three decades. The UAE will
also host the 28th UN global climate talks next year.
Taqa, Abu Dhabi National Oil Company and Mubadala Investment Company last month entered
into binding agreements that will see Taqa and Adnoc acquire stakes in green energy company
Masdar from Mubadala.
The partnership, announced last year by President Sheikh Mohamed, aims to create one of the
largest renewable energy companies in the world and a pioneer in green hydrogen under the
Masdar brand.

UAE: DoE signs 5-year MoU with Colombia Ministry of mines & energy
Gulf News + NewBase
The Abu Dhabi Department of Energy (DoE) has signed a five-year memorandum of understanding
(MoU) with the Ministry of Mines and Energy of Colombia at an event held at the DoE’s headquarters
in the UAE capital.
The agreement aims to explore opportunities for collaboration on capability development and
sharing of knowledge and information, supporting joint projects and initiatives, and promoting the
development of bilateral scientific, technical, technological, administrative, and commercial
cooperation in the field of energy.
It is in line with the two entities’ commitment to collaborating in various fields of interest in order to
achieve their common goals, diversify energy sources, enhance energy efficiency, and ensure
access to reliable, sustainable, and affordable energy.
The MoU was signed in the presence of DoE Undersecretary Eng Ahmed Mohammed Al Rumaithi,
and Jaime Amin Hernández, Ambassador Extraordinary and Plenipotentiary of Colombia in the
UAE, who signed on behalf of the Colombian Minister of Energy and Mines, Diego Mesa, along with
officials from both entities.
Enhancing cooperation
“DoE is committed to enhancing cooperation and building partnerships with relevant authorities in
countries around the world,” Al Rumaithi said. “We believe partnership is a powerful approach to
achieving our objectives, developing the energy sector, enhancing energy efficiency, and meeting
the needs and requirements of the local market for reliable and sustainable energy and water

supplies now and in the future. This, in turn, supports Abu Dhabi’s plans for sustainable economic
development.”
Energy transition
Mesa said: “Colombia currently bets on energy transition as the mean to achieve and guarantee a
reliable, self-sufficient and resilient energy matrix. We recognized it as a shared goal with the United
Arab Emirates and therefore, decided to establish a strategic alliance between the Ministry and the
DoE that will allow us to complement and promote the efforts of both nations to rapidly deploy non-
conventional renewable energies, develop low-carbon technologies, and tackle and reverse the
effects of climate change.”
Under the terms of the five-year agreement, the two entities commit to exchanging studies,
knowledge, and expertise, in addition to exploring opportunities for financing projects in energy
areas including production, use, and storage of hydrogen; large-scale non-conventional renewable
energy; project development in the areas of hydrogen, geothermal, onshore and offshore wind
energy, solar, biomass, and other clean energy technologies.
Sustainable transport
Also on the list is the promotion of sustainable transport from clean energy sources; technology
development related to advanced energy measurement and monitoring systems; energy service
access including renewable energy solutions; promotion of foreign investment in the energy sector;
energy efficiency and demand response; technology development related to carbon capture and
storage, and finally, promotion of energy storage technologies.
Furthermore, the two parties agreed to facilitate mutual visits by experts from both entities to follow
up on joint activities. They will also explore opportunities to undertake joint projects and research
assignments, facilitating their design, financing, and execution, and engaging the private sector of
both countries in energy infrastructure projects with clean energy sources, as well as pilot projects
related to hydrogen, geothermal, onshore and offshore wind energy, solar, biomass, and other clean
energy sources.-

Europe Gas Heads for Another Weekly Gain on Deep Supply Concerns
Bloomberg + NewBAse
European natural gas prices headed for the longest stretch of weekly gains this year as worries
mount about dwindling supplies from Russia. Benchmark futures eased on Friday, but were still
headed for a fourth straight week of increases.
Russia’s Nord Stream, the biggest gas route to the European Union, is due to shut on Monday for
10 days of seasonal maintenance, and there’s growing fear that full flows won’t return after the work
is completed.
The gas squeeze and surging prices are fueling the worst energy crisis in decades, as bills have
ballooned while once rock-solid utilities are struggling to stay afloat.
A prolonged cut in gas flows from Russia -- historically the continent’s biggest supplier -- would
jeopardize plans to have storage sites sufficiently filled in time for winter, when demand typically
peaks.
Traders and European policy-makers will be keenly watching Russian President Vladimir Putin’s
scheduled discussions on energy issues with officials in his government on Friday. The head of
state-run exporter Gazprom PJSC will be among the speakers, according to the Kremlin press
service, which didn’t elaborate further on the agenda.

Dutch front-month gas, the European benchmark, fell as much as 4.5%, and was 2.8% lower at 178
euros per megawatt-hour at 8:35 a.m. in Amsterdam. The contract has more than doubled over the
past month.
The Nord Stream pipeline has been working at just 40% of its capacity after Russia slashed
shipments last month, citing technical issues with turbines that need to be serviced in Canada --
with one of them stuck there following Ottawa’s sanctions against Moscow over its invasion of
Ukraine.
Germany, which has accused Putin of
using energy exports as a weapon,
has urged Canada to release the turbine
and remove an excuse for Moscow to
continue capping supplies. Canada’s
plans are yet unclear, but Kyiv has
called for Ottawa to keep the turbine. It
says Russia could boost gas shipments
via Ukraine, but has been rejecting that
option.

Greece: more energy subsidies to curb 'unbearable' power costs
Reuters + NewBase
Greece, like many other EU countries, is wrestling with a sharp rise in power bills driven by sky-
rocketing gas prices. Greece will extend subsidies to power bills at a cost of more than 700 million
euros in July to shore up households and businesses following many months of rising energy prices,
its energy minister said on Tuesday.
Greece, like many other EU countries, is wrestling with a sharp rise in power bills driven by sky-
rocketing gas prices, as the Ukraine war and European sanctions on Russia deepen worries over
security of gas supplies.
On top of soaring energy costs, Russia has cut off supplies to some EU countries, triggering a
further rise in natural gas prices.
"The financial and social burden has become unbearable," Energy Minister Kostas Skrekas said in
televised statements. "In such a difficult backdrop, the government extends support for energy
consumers in July."
The country has spent about 7 billion euros in power subsidies and other measures since
September to help households, small and medium-sized businesses and farmers pay their
electricity and gas bills.
The new subsidies will come at 200 euros per megawatt hour (MWh) for households to absorb 84%
of the rise in their power bills, Skrekas said. The aid will be reach 192 euros per MWh for shops and
213 euros per MWh for farmers, while industries will get 148 euros per MWh, he added.

UK: Orsted contracted for 5 GW biggest offshore wind farm
Source: Ørsted
The UK Department for Business, Energy and Industrial Strategy (BEIS) has awarded Ørsted a
contract for difference for its Hornsea 3 offshore wind farm. The project was awarded at an inflation-
indexed strike price of GBP 37.35 per MWh in 2012 prices.
With a capacity of 2,852 MW, Hornsea 3
will produce enough low-cost,
clean, renewable electricity to power 3.2
million UK homes, making a significant
contribution to the UK Government’s
ambition of having 50 GW offshore wind in
operation by 2030 as part of the British
Energy Security Strategy.
Hornsea 3 will play a key role in the
ongoing development of a larger and
sustainably competitive UK supply chain to
support the next phase of the UK’s offshore
wind success story. Ørsted has already
announced a multi-million pound
agreement for Hornsea 3 to be the first and
lead customer at SeAH Wind’s monopile
factory in Teesside, underpinning SeAH’s
investment decision to establish a new, globally competitive monopile factory in the UK.
Hornsea 3 will contribute significantly to Ørsted’s ambition of globally installing 30 GW offshore wind
by 2030. Ørsted currently has approx. 7.5 GW offshore wind in operation, approx. 3.5 GW under
construction, and another almost 11 GW of awarded capacity under development including Hornsea 3.
Martin Neubert, Deputy Group CEO and Chief Commercial Officer at Ørsted, says:
'Offshore wind once again proves itself as a homegrown source of clean energy at large scale that
will help the UK achieve its climate targets and increase energy independence while creating local
jobs and industrial development.
'We remain fully committed to financial discipline. The strike price is inflation-indexed and the
contract comes with a level of merchant flexibility. We have already secured capacity with key
suppliers for around two thirds of Hornsea 3’s CAPEX. Also, we can unlock significant synergies by
taking a global portfolio view in procurement and by utilizing Hornsea 3’s size and location adjacent
to our existing UK East coast wind farms with close to 4 GW in operation.'
Hornsea 3 will be located 160 km from the Yorkshire coast, and Ørsted expects to commission the
wind farm in 2027. When Hornsea 3 comes online, Ørsted’s Hornsea zone – comprising Hornsea
1, 2 and 3 – will have a total capacity of in excess of 5 GW, making it the world’s largest offshore
wind zone covering the power consumption of approx. 5 million UK homes.
Duncan Clark, Head of Region UK at Ørsted, says:
'This is another landmark for offshore wind in the UK. Not only will Hornsea 3 provide low cost, clean
energy for millions of homes in the UK, it will also deliver thousands of high quality jobs and billions
of pounds of investment in the UK’s offshore wind supply chain.

'Successive governments deserve credit for providing the regulatory and policy certainty for
continued investment in offshore wind – Ørsted alone expects to further invest around 14 billion
pounds in the UK to the end of this decade.
This has allowed the cost of offshore
wind to fall rapidly and to become the
thriving industry it is today, with
private companies expected to invest
155 billion pounds and almost
100,000 people to be employed in the
sector by 2030.
'Now more than ever there is a need
for the further development of
renewable energy, not only to
address the increasing threats from
climate change, but also to increase
the stability and resilience of energy
supply. We look forward to working
with government and industry
colleagues to accelerate the
deployment of offshore wind.'
Hornsea 3 will support up to 5,000
jobs during its construction phase
with up to a further 1,200 permanent
jobs both directly and in the supply
chain for the long operational phase.
Hornsea 3 will be operated from
Ørsted’s operations and maintenance
hub in Grimsby.
The Hornsea Zone will also include
Ørsted’s Hornsea 4 project, which
could have a capacity of approx. 2.6
GW. Hornsea 4 is currently going
through the planning process with a decision expected in early 2023.
About the contract
Ørsted will build Hornsea 3 including transmission assets (offshore and onshore substations and
export cables). When the wind farm has been fully commissioned, Ørsted will, in accordance with
UK regulation, divest the transmission assets to a new owner. Ørsted expects to take final
investment decision on Hornsea 3 within 18 months and potentially as soon as by end of 2022.
The two-way contract for difference (CfD) for Hornsea 3 runs for up to 15 years starting after
commissioning of the wind farm, which is planned for 2027. The strike price is inflation-indexed up
to and throughout the CfD period.
The nominal starting price per MWh will be determined based on the strike price plus accumulated
inflation from 2012 until the CfD starts. After the CfD ends, Hornsea 3 will receive the market price
for electricity or enter new power purchase agreements.

The information provided in this announcement does not change Ørsted’s financial outlook for the
2022 financial year or the expected investment level announced for 2022.
Facts about Ørsted’s offshore wind farms in the UK
Ørsted has invested approx. GBP 14 billion in the UK to date and anticipates spending another GBP
14 billion to the end of this decade. Ørsted fully or partly owns the following offshore wind farms in
the UK totaling 6.2 GW.
 Hornsea 2 (2022), 1,320 MW
 Hornsea 1 (2019), 1,218 MW
 Walney Extension (2018), 659 MW
 Race Bank (2018), 546 MW
 Burbo Bank Extension (2017), 259 MW
 Westermost Rough (2015), 210 MW
 West of Duddon Sands (2014), 389 MW
 London Array (2013), 630 MW
 Lincs (2013), 270 MW
 Gunfleet Sands demo (2013), 12 MW
 Walney (2012), 367 MW
 Gunfleet Sands (2010), 173 MW
 Burbo Bank (2007), 90 MW
 Barrow (2006), 90 MW

NewBase July 08 -2022 Khaled Al Awadi
NewBase for discussion or further details on the news below you may contact us on +971504822502, Dubai, UAE
Oil rises as market weighs tight supply, recession fears
Reuters + NewBase
Oil prices edged slightly higher in volatile Asian trade on Friday, reversing earlier losses as the
market weighed up the tight global supply concerns against recession fears.
Brent crude futures rose 22 cents, or 0.25%, to $104.87 a barrel by 0830 GMT, after a near 4%
rise on Thursday. U.S. West Texas Intermediate crude inched down 23 cents to $102.50 a barrel,
having settled 4.2% higher a day earlier.
Oil price special
coverage

However, both contracts are still set for their second straight weekly loss. Trade this week was
marked by a sharp sell-off on Tuesday, when WTI slid 8% and Brent tumbled 9%. Brent's $10.73
drop was the third biggest for the contract since it started trading in 1988.
"With more rate hikes to come and the U.S. likely in a technical recession, top-side market ambitions
could be quite limited," Stephen Innes, managing director at SPI Asset Management, told Reuters.
"The only reason why oil is not lower is due to self (imposed) and official sanctions on Russian oil,"
Innes added.
Western bans on Russian oil and gas output have kept global energy prices buoyed, while other
major producers have yet to significantly boost to supplies.
"The sell-off in the commodity markets got a reprieve as traders shrugged off recession fears and
turned their focus back to the undersupply issues," CMC Markets analyst Tina Teng said in a note.
"However, the economic uncertainties remain with the inverted benchmark bond yields pointing to
an unavoidable recession, which may continue to weigh on commodity prices."
Central banks across the world are raising interest rates to tame inflation, spurring fears that rising
borrowing costs could stifle economic activity and reduce oil demand.
Data from U.S. Energy Information Administration (EIA) showed on Thursday that product supplied,
the best proxy for U.S. consumer demand, rose to 20.5 million barrels per day in the most recent
week. Overall gasoline and distillate demand over the past four weeks, however, was down a little
more than 5% from the year-ago period. read more
U.S. crude inventories (USOILC=ECI) rose by 8.2 million barrels in the week to July 1, EIA data
showed, driven by an increase in inventories and as refiners cut output.
Oil from US reserves sent overseas as petrol prices stay high
Reuters + NewBase
More than 5 million barrels of oil that were part of a historic US emergency reserves release to
lower domestic fuel prices were exported to Europe and Asia last month, according to data and
sources, even as US petrol and diesel prices hit record highs.
The export of crude and fuel is blunting the impact of the moves by US President Joe Biden to lower
record pump prices. Mr Biden on Saturday renewed a call for gasoline suppliers to cut their prices,
drawing criticism from Amazon founder Jeff Bezos.

About 1 million barrels per day is being released from the Strategic Petroleum Reserve (SPR)
through October. The flow is draining the SPR, which last month fell to the lowest since 1986. US
crude futures are above $100 per barrel and gasoline and diesel prices above $5 a gallon in one
fifth of the nation. US officials have said oil prices could be higher if the SPR had not been tapped.
“The SPR remains a critical energy security tool to address global crude oil supply disruptions,” a
Department of Energy representative said, adding that the emergency releases helped ensure
stable supply of crude oil.
The fourth-largest US oil refiner, Phillips 66, shipped about 470,000 barrels of sour crude from the
Big Hill SPR storage site in Texas to Trieste, Italy, according to US Customs data. Trieste is home
to a pipeline that sends oil to refineries in central Europe.
Cargoes of SPR crude were also headed to the Netherlands and to a Reliance refinery in India, an
industry source said. A third cargo headed to China, another source said.
At least one cargo of crude from the West Hackberry SPR site in Louisiana was set to be exported
in July, a shipping source added.
“Crude and fuel prices would likely be higher if [the SPR releases] hadn't happened, but at the same
time, it isn't really having the effect that was assumed,” said Matt Smith, lead oil analyst at Kpler.
The latest exports follow three vessels that carried SPR crude to Europe in April helping
replace Russian crude supplies.
US crude inventories are the lowest since 2004 as refineries run near peak levels. Refineries in the
US Gulf coast were at 97.9 per cent utilisation, the most in three and a half years.

NewBase Special Coverage
The Energy world –July -08 -2022
CLEAN ENERGY
Reduce, reuse: Solar PV recycling market to be worth USD 2.7
billion by 2030 - Rystad Energy
The demand for recycled solar photovoltaic (PV) panel components is set to skyrocket in the coming
years as the number of installations surges and the threat of a supply bottleneck looms. Rystad
Energy analysis shows recyclable materials from PV panels at the end of their lifespan will be worth
more than $2.7 billion in 2030, up from only $170 million this year. This trend will only accelerate in
the coming decades and the value of recyclable materials is projected to approach $80 billion by
2050.
PV recycling is still in its infancy but is seen as an essential element of the energy transition, with
solar PV waste projected to grow to 27 million tonnes per annum by 2040. Our forecasts show that
recovered materials from retired panels could make up 6% of solar PV investments by 2040,
compared to only 0.08% today.
Landfills are an easy and cheap option as current resale prices for recycled solar PV materials do
not compensate for the transportation, sorting and processing costs. Yet, the rapid growth rate of
large-scale utility farms within solar energy can change this. The material supply side is expected
to encounter bottlenecks with the growing demand for minerals, and recycling can be a supply relief
as panels reach the end-of-life stage.
'Rising energy costs, improved recycling technology, and government regulations may pave the way
for a market where more defunct solar panels are sent to recycling rather than the nearest landfill.
Recycling PV panels can help operators save costs, overcome supply chain woes and increase the
likelihood of countries meeting their solar capacity goals,' says Rystad Energy analyst Kristin Stuge.

Learn more with Rystad Energy’s SolarSupplierCube.
Demand for the materials and minerals used in solar PV is set to climb with the energy transition,
with higher prices a likely result. The International Energy Agency’s net-zero emissions scenario
targets 40% of the world’s power in 2050 being generated by solar energy – equivalent to 19
terawatts (TW).
However, our 1.6 degrees Celsius (°C) scenario predicts that 53% will be solar-generated, a trend
seen in the numbers and size of plant installments.
By assuming a 15-year lifespan of a PV panel and analyzing installation activity in 2022, we can
estimate which regions and countries will benefit most from recycling PV materials in 2037.
China is set to account for 40% of global installations this year, and when these panels mature in
15 years, the estimated recycling value will be $3.8 billion, out of a $9.6 billion global total. India –
another Asian solar PV powerhouse – will trail in second place with an estimated $800 million in
value, followed by Japan with $200 million in estimated value.
Trailing the Asian continent, the value of recyclable material in North America in 2037 is projected
to be worth $1.5 billion, with Europe set to hold $1.4 billion.
What can be recycled?
The panel components with the highest value are aluminum, silver, copper and polysilicon. Silver
accounts for about 0.05% of the total weight but makes up 14% of the material value.
Polysilicon is obtained through an energy intensive process to achieve the concentration needed
for solar panel efficiency, reflected in the relatively high resale price. The greatest volume of material
is glass, which has a high recycling rate but relatively low resale value.
An influx of minerals is necessary to decarbonize global energy systems and prevent valuable
material loss in standardized waste streams. Rystad Energy’s 1.6°C scenario estimates peak solar
energy implementation in 2035 of 1.4 TW.

By that time, the PV recycling industry can supply 8% of the polysilicon, 11% of the aluminum, 2%
of the copper, and 21% of the silver needed b y recycling PV panels installed in 2020 to meet the
demand for materials. This recovery potential can ease strains on the mining sector and reduce the
solar PV panels’ carbon footprint.
The process of refining copper releases about 4 tonnes of carbon dioxide (CO2) per tonne of copper
and is, together with the broader mining industry, a significant source of greenhouse gas emissions.
Potential future carbon taxes can change the cost situation with significant value gains for the
recycling industry.
How are materials recycled?
The first step of PV panel recycling is disassembly, where the aluminum frame and junction box are
separated from the panel, ground into pieces, and sorted by material.
There are PV disassembly machines on the market today, including one by Japan-based NPC,
which separates the panel parts even further before grinding the remains, enhancing the recovery
rate for materials.

With evolving technology, the market is gradually perceived with greater enthusiasm, and new
companies are emerging, such as the US-based start-up SolarCycle, which has generated
significant seed funding from investors.
Technology, policy and economic viability are both barriers and solutions to evolving circularity of
minerals in the PV panel industry.
Regulatory mechanisms can be an efficient tool to create rapid change, as we have already seen
in the European market and through some initial attempts in the US at the state level. Ultimately,
bottlenecks and long lead times in raw material mining could turn solar PV recycling into an
economically viable industry in the coming decades.
For more analysis, insights and reports, clients and non-clients can apply for access to Rystad
Energy’s Free Solutions and get a taste of our data and analytics universe.

NewBase Energy News 08 July 2022 - Issue No. 1526 call on +971504822502, UAE
The Editor:” Khaled Al Awadi” Your partner in Energy Services
NewBase energy news is produced Twice a week and sponsored by Hawk Energy Service – Dubai, UAE.
For additional free subscriptions, please email us.
About: Khaled Malallah Al Awadi,
Energy Consultant
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME member since 1995
Hawk Energy member 2010
www.linkedin.com/in/khaled-al-awadi-38b995b
Mobile: +971504822502
khdmohd@hawkenergy.net or khdmohd@hotmail.com
Khaled Al Awadi is a UAE National with over 30 years of experience in the Oil & Gas
sector. Has Mechanical Engineering BSc. & MSc. Degrees from leading U.S.
Universities. Currently working as self leading external Energy consultant for the GCC
area via many leading Energy Services companies. Khaled is the Founder of the
NewBase Energy news articles issues, Khaled is an international consultant, advisor,
ecopreneur and journalist with expertise in Gas & Oil pipeline Networks, waste
management, waste-to-energy, renewable energy, environment protection and
sustainable development. His geographical areas of focus include Middle East, Africa
and Asia. Khaled has successfully accomplished a wide range of projects in the areas
of Gas & Oil with extensive works on Gas Pipeline Network Facilities & gas compressor
stations. Executed projects in the designing & constructing of gas pipelines, gas
metering & regulating stations and in the engineering of gas/oil supply routes. Has drafted
& finalized many contracts/agreements in products sale, transportation, operation & maintenance
agreements. Along with many MOUs & JVs for organizations & governments authorities. Currently dealing
for biomass energy, biogas, waste-to-energy, recycling and waste management. He has participated in
numerous conferences and workshops as chairman, session chair, keynote speaker and panelist. Khaled is
the Editor-in-Chief of NewBase Energy News and is a professional environmental writer with over 1400
popular articles to his credit. He is proactively engaged in creating mass awareness on renewable energy,
waste management, plant Automation IA and environmental sustainability in different parts of the world.
Khaled has become a reference for many of the Oil & Gas Conferences and for many Energy program
broadcasted internationally, via GCC leading satellite Channels. Khaled can be reached at any time, see
contact details above.

NewBase July 08-2022 Energy News issue - 1526 by Khaled Al Awadi.pdf

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