His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, member of the Abu Dhabi Executive Council, Chairman of the Abu Dhabi Executive Office, and Chairman of the Executive Committee of ADNOC’s Board of Directors, has welcomed energy leaders from around the world to the 8th annual Abu Dhabi CEO Roundtable.
At the roundtable, held at the ADNOC Business Center, 35 of the world’s leading energy industry chief executives gathered to discuss how to deliver energy security, equitable access to energy, and climate progress at the same time. During their deliberations they also discussed the building blocks required for a practical, realistic energy transition.
His Highness welcomed the CEOs to the roundtable and commended ADNOC for bringing together the energy industry’s top executives. HH also expressed hope that their discussions would help find practical solutions to the challenges of the energy transition.
In considering the trilemma of providing secure, accessible, sustainable energy, the roundtable participants discussed practical solutions, including decarbonising the production processes of hydrocarbons, leveraging hydrocarbon infrastructure to scale up the production of hydrogen, expanding renewable energy, and increasing investment in other clean technologies that can abate emissions in heavy industry.
The annual roundtable is a unique and exclusive, invitation only, gathering held under the Chatham House Rule. It provides a high-level forum for dialogue on the evolving dynamics of the energy industry and demonstrates Abu Dhabi’s voice in the conversation around the trilemma of energy security, access and sustainability, and its position as a global hub for the world’s energy industry.
H.E. Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC, said: “The hydrocarbon industry is uniquely positioned to provide practical solutions to the trilemma of secure, accessible, sustainable energy and will play a critical role in delivering a successful energy transition. Ensuring energy security is fundamental to both economic and climate progress and global economies will continue to rely on reliable supplies of energy that our industry provides.
“The Abu Dhabi CEO Roundtable provides the ideal platform for leaders from the oil, gas and petrochemical sector to exchange views on how, collectively, we can support energy security, equitable access to energy and climate progress with realistic and practical solutions to the energy transition. With COP 27 coming up and as the UAE prepares for COP 28, it will be important to include all stakeholders who can positively affect the outcome, in particular the energy sector.”
The roundtable took place on the eve of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2022, one of the world’s largest and most influential events for the global oil and gas industry, which runs until 3rd November at the Abu Dhabi National Exhibition Centre.
