tripartite cooperation initiative

France has also been active. In July 2022, the UAE and France inked a comprehensive strategic energy partnership, reinforced by a 2023 UAE-France-India tripartite cooperation initiative focused on the energy transition. Moreover, Paris signed a memorandum of understanding with Riyadh to work together on nuclear energy; hydrogen; electricity interconnection; energy efficiency, storage, and smart grids; and oil and gas and their derivatives. The last of these focuses especially on carbon capture, utilisation, and storage (CCUS) technologies, which capture carbon emissions at source to sequester them underground or to transform and use them as alternative marketable products. The memorandum also promotes cooperation on cross-cutting issues such as the localisation of materials, products, and services in the energy supply chain, and joint scientific research and training. สล็อตเว็บตรง