Lootah Biofuels and MoEI sign landmark MoU

Move to accelerate development and adoption of biofuels in UAE

The Ministry of Energy and Infrastructure (MOEI) of the United Arab Emirates and Lootah Biofuels, a leading circular economy pioneer producing biofuel from cooking oil in the UAE, recently announced the signing of a Memorandum of Understanding (MoU).

This strategic partnership aims to solidify bilateral relations and foster collaboration in developing, promoting, and utilizing biofuels as a sustainable and alternative energy source for the nation.

The MoU was signed at the Lootah Biofuels factory in Dubai Industrial City by HE Sharif Salim Al-Olama, Undersecretary for Energy and Petroleum Affairs in the Ministry of Energy and Infrastructure and Yousif Bin Saeed Lootah, founder and CEO, Lootah Biofuels.

Comprehensive data

The partnership will also facilitate the mutual exchange of comprehensive data pertaining to biofuel production and commercial distribution. This data will be instrumental in informing policy decisions and tracking progress towards national clean energy goals.

“We are excited to collaborate with Lootah Biofuels to continue advocating for adopting sustainable solutions while driving our climate commitments,” stated HE Al Olama.

“Our collaboration with the Ministry of Energy and Infrastructure signifies Lootah Biofuels’ commitment to supporting the UAE’s clean energy strategies to develop greener and circular energy resources. As an Emirati brand, we are honoured to partner with MoEI to drive the biofuels industry forward and contribute to the UAE’s Net-Zero 2050 ambition,” commented Lootah.