Energy

Abu Dhabi Energy

In common with other major energy companies, lower hydrocarbons prices have prompted authorities to carry out streamlining and efficiencies in Abu Dhabi’s energy sector. Against a backdrop of reorganisation and reform, production from the emirate’s oil and gas fields reached record levels in 2016. Currently, Abu Dhabi National Oil Company produces some 3m barrels of oil and 9.8bn standard cu feet per day of raw gas. Looking ahead, ADNOC’s strategy is to improve profitability and sustainability upstream while increasing value downstream. It also plans to triple the emirate’s output of petrochemicals by 2025. In the broader energy sphere, Abu Dhabi remains committed to making long-term investments in innovation and development of renewable energy and carbon capture technologies.

This chapter contains an interview with Sultan Al Jaber, UAE Minister of State; and Group CEO, Abu Dhabi National Oil Company.

Cover of The Report: Abu Dhabi 2017

The Report

This chapter is from the UAE: Abu Dhabi 2017 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Sultan Al Jaber, UAE Minister of State; and Group CEO, Abu Dhabi National Oil Company (ADNOC)
Sultan Al Jaber, UAE Minister of State; and Group CEO, Abu Dhabi National Oil Company (ADNOC): Interview