ABU DHABI // As local oil companies explore opportunities to expand carbon-capture and storage (CCS) technology, a young researcher has been assessing the challenges associated with the emerging method.
With CCS, carbon dioxide is injected into ageing oilfields to enhance the recovery of crude.
Vijo Varkey, a student of engineering systems and management at Masdar Institute, has spent two years developing a system to measure the risks and uncertainties of regulations, and shortages of skilled labour, associated with the technology.
"This is what Abu Dhabi is currently in the early stages of and … just as other countries are facing impediments, Abu Dhabi is facing impediments," said Mr Varkey, 26, from India.
Regarded as a way to reduce carbon dioxide emissions, CCS would free up more natural gas for use in fuelling power generation.
If Abu Dhabi could inject carbon dioxide - as much as 30 million tonnes a year - it could possibly earn the UAE carbon credits, which can be sold to corporations in developed nations, and international prestige under a UN system to combat climate change.
But the burgeoning sector has had hiccups.
The Gulf region's first project to store greenhouse gases underground has been held up by pricing issues between Masdar, Abu Dhabi's clean-energy company that developed the institute, and Abu Dhabi National Oil Company.
Last year, one fifth of all such projects worldwide were cancelled or delayed, according to the Global Carbon Capture and Storage Institute.
"Though in the early stages, there are financial constraints and these are capital-intensive projects," said Mr Varkey.
"They [investors] are taking a hard look at this sector and … taking one step at a time, and making sure it is the right time and right amount of resources."
Mr Varkey received a master's degree in mechanical engineering at the University of Texas at Austin in the United States.
He said the country's carbon-capture and renewable energy sectors were growing at an increasing pace.
"[But] we need to ensure that it can be sustained, and there needs to be an incentive for the stakeholders to be a part of this project," Mr Varkey said
He hopes to find a position at an energy company related to the "pioneering field".
"This is a new concept and Masdar is going into new frontiers," Mr Varkey said.
MATCH INFO
Rugby World Cup (all times UAE)
Third-place play-off: New Zealand v Wales, Friday, 1pm
Final: England v South Africa, Saturday, 1pm
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Max touring range: 620km / 590km
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About Seez
Company name/date started: Seez, set up in September 2015 and the app was released in August 2017
Founder/CEO name(s): Tarek Kabrit, co-founder and chief executive, and Andrew Kabrit, co-founder and chief operating officer
Based in: Dubai, with operations also in Kuwait, Saudi Arabia and Lebanon
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Stage of funding: $1.8 million in seed funding; followed by another $1.5m bridge round - in the process of closing Series A
Investors: Wamda Capital, B&Y and Phoenician Funds
Volunteers offer workers a lifeline
Community volunteers have swung into action delivering food packages and toiletries to the men.
When provisions are distributed, the men line up in long queues for packets of rice, flour, sugar, salt, pulses, milk, biscuits, shaving kits, soap and telecom cards.
Volunteers from St Mary’s Catholic Church said some workers came to the church to pray for their families and ask for assistance.
Boxes packed with essential food items were distributed to workers in the Dubai Investments Park and Ras Al Khaimah camps last week. Workers at the Sonapur camp asked for Dh1,600 towards their gas bill.
“Especially in this year of tolerance we consider ourselves privileged to be able to lend a helping hand to our needy brothers in the Actco camp," Father Lennie Connully, parish priest of St Mary’s.
Workers spoke of their helplessness, seeing children’s marriages cancelled because of lack of money going home. Others told of their misery of being unable to return home when a parent died.
“More than daily food, they are worried about not sending money home for their family,” said Kusum Dutta, a volunteer who works with the Indian consulate.
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Tax authority targets shisha levy evasion
The Federal Tax Authority will track shisha imports with electronic markers to protect customers and ensure levies have been paid.
Khalid Ali Al Bustani, director of the tax authority, on Sunday said the move is to "prevent tax evasion and support the authority’s tax collection efforts".
The scheme’s first phase, which came into effect on 1st January, 2019, covers all types of imported and domestically produced and distributed cigarettes. As of May 1, importing any type of cigarettes without the digital marks will be prohibited.
He said the latest phase will see imported and locally produced shisha tobacco tracked by the final quarter of this year.
"The FTA also maintains ongoing communication with concerned companies, to help them adapt their systems to meet our requirements and coordinate between all parties involved," he said.
As with cigarettes, shisha was hit with a 100 per cent tax in October 2017, though manufacturers and cafes absorbed some of the costs to prevent prices doubling.
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The biog
Title: General Practitioner with a speciality in cardiology
Previous jobs: Worked in well-known hospitals Jaslok and Breach Candy in Mumbai, India
Education: Medical degree from the Government Medical College in Nagpur
How it all began: opened his first clinic in Ajman in 1993
Family: a 90-year-old mother, wife and two daughters
Remembers a time when medicines from India were purchased per kilo