UAE's Energy and Embrace: A New Chapter in Indo UAE Ties The recent visit by Indian Prime Minister Narendra Modi to Abu Dhabi has marked a significant shift in the energy landscape between India and the United Arab Emirates (UAE).
The signing of six Memoranda of Understanding (MoUs) and announcements of investments worth $5 billion from the UAE into India have sent ripples across the region, indicating a strengthening of bilateral ties.
The Energy Imperative One of the most significant agreements signed during Modi's visit is the potential for Abu Dhabi National Oil Company (ADNOC) to increase its crude storage capacity in India to 30 million barrels.