United Arab Emirates Energy Minister Suhail Al Mazrouei told reporters Sunday that the fourth-biggest OPEC producer, is sticking with investment projects to boost energy output even after the plunge in oil prices in the past year.
Plans to boost oil-production capacity to 3.5 million barrels a day by 2019 (was 2.9 million barrels a day in September, according to data compiled by Bloomberg)
U.A.E. will spend $35 billion by 2021 to expand non-oil energy assets
