Sheikh Khaled urges Adnoc to strengthen role as reliable energy provider amid maritime disruption

Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed, emphasized the vital role played by Abu Dhabi National Oil Company (Adnoc) in the evolving global energy landscape during a meeting with the company's executive committee. Adnoc has been tasked with reinforcing its position as a leading energy provider, capable of managing production, trading, and logistics.

During the discussion, Sheikh Khaled reviewed Adnoc's efforts to deliver reliable energy supplies amid recent disruptions affecting maritime navigation in the region. The UAE remains committed to protecting its freedom of navigation in the Strait of Hormuz, while seeking diplomatic resolutions to the ongoing Iran conflict. Adnoc reported that one of its vessels was attacked while passing through the vital waterway on August 14, but no injuries were sustained, and the incident was quickly resolved.

This attack is the latest in a series targeting Adnoc-linked ships in the Strait of Hormuz, with the UAE attributing them to Iran.

Sheikh Khaled also evaluated Adnoc's performance, discussing the company's global liquefied natural gas marketing and trading platform, launched in July. The platform aims to market 47 million tonnes of LNG annually by 2030, providing customers with a wider range of supply sources and increased access to Adnoc's growing gas portfolio. Sheikh Khaled highlighted that Adnoc's operational adaptability and integration are enhancing the company's ability to serve its customers effectively.

Before the meeting, Sheikh Khaled toured the company's emergency control center and engaged with front-line employees and business continuity teams across the Adnoc Group, praising their dedication and commitment to maintaining safe and efficient operations under any circumstances. The meeting included representatives from various sectors, such as Industry and Advanced Technology, Energy and Infrastructure, Health and Prevention, Mubadala Investment Company, and Abu Dhabi's Department of Finance.