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Tue, 21 Jan 2020 00:36 GMT

Sheikh Mohamed Bin Zayed Praises ADNOC’s Fourth Roundtable

Politics

7Dnews London

Mon, 11 Nov 2019 08:35 GMT

The Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Sheikh Mohamed bin Zayed, met on Sunday, November 9th leaders of the global oil and gas industry to discuss challenges and opportunities within a fast-growing global economy, reported Emirates News Agency.

The meeting came as part of the fourth Abu Dhabi CEO roundtable and was held at Abu Dhabi National Oil Company’s (ADNOC) headquarters, where UAE Minister of State and ADNOC CEO Dr Sultan bin Ahmad Sultan Al Jaber hosted the meetings aimed at utilising new technologies and partnerships in order to provide sufficient energy for sustainable economic growth.

Sheikh Mohamed bin Zayed said that he was delighted to meet the leaders of the global oil and gas industry who participated in the roundtable, according to Al Ain.

In the same context, Sultan bin Ahmed pointed out that the roundtable allowed a broad range of discussions that addressed the expected roles of oil and gas in the future of the global economy. He added that new technologies can increase industry production with fewer emissions.

Vice-Chairman of IHS Markit and economist Daniel Yergin moderated the roundtable’s discussions.

"The roundtable provided an important opportunity to discuss the critical question of the contribution of the energy and petrochemical industries to a sustainable energy future that meets the needs of a growing world. The discussion brought focus to the essential need to develop the future talent that is required in the digital age," Yergin said.

The fourth annual roundtable took place ahead of the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC), which is set to be held from November 11th to 14th.

Middle East