Khalid bin Mohammed bin Zayed: ADNOC Establishes Itself as a Reliable Global Energy Producer
As part of its efforts to strengthen its position as a reliable global energy producer, His Highness Sheikh Khalid bin Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Executive Council of the Emirate of Abu Dhabi, chaired the Executive Committee meeting of the Board of Directors of ADNOC at its headquarters. During the meeting, His Highness praised the company’s ongoing resilience in maintaining the security and safety of its operations and its constant efforts to provide energy supplies reliably to customers both locally and globally.
Developments in ADNOC Projects
His Highness Sheikh Khalid was briefed on the updates regarding the new “West-East 1” pipeline project, which aims to double ADNOC’s export capacity via the Emirate of Fujairah. The project is currently under implementation and is expected to be operational by 2027. His Highness directed that this global project be expedited to support the increasing global demand for energy supplies.
Company Performance in the Market
His Highness Sheikh Khalid reviewed ADNOC’s performance, commending the significant progress the company has made in executing key growth projects. He emphasized that ADNOC holds a solid position as a reliable global energy producer, highlighting its flexibility to responsibly meet market needs as the necessary export capabilities become available.
Partnerships and Local Cooperation
The Executive Committee praised ADNOC’s commitment to developing the first phase of the “TAZIZ” chemicals hub in the Ruwais Industrial City. His Highness welcomed the long-term agreements for raw material supply announced during the “Make it in the Emirates 2026” platform, noting its partnership with Alpha Dhabi Holding to explore the possibility of producing 14 chemicals in the UAE. TAZIZ’s production is expected to reach 4.7 million tons annually by 2028, enhancing the company’s position as one of the largest chemical industry systems in the Gulf region.
Support for Local Content
His Highness Sheikh Khalid reiterated the importance of the “ADNOC National Content Program” in supporting expansion and growth, creating opportunities to enhance value for local companies and manufacturers. He recommended prioritizing products manufactured in the UAE across the company’s various projects and operations.
The meeting was attended by several senior officials, including Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and CEO of ADNOC, the Minister of Energy and Infrastructure, the Minister of Health and Community Protection, along with other officials representing various sectors of the state.