UAE: World needs maximum energy with minimum emissions, says minister

UAE: World needs maximum energy with minimum emissions, says minister

Four-day Abu Dhabi International Petroleum Exhibition Conference held under the patronage of Sheikh Mohamed bin Zayed Al Nahyan

Published: Mon 31 Oct 2022, 12:15 PM

Maximum energy with minimum emissions can ensure global energy security, an Emirati minister said during the 38th edition of the Abu Dhabi International Petroleum Exhibition Conference (ADIPEC) 2022.

Dr Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology noted that the conference comes at a “pivotal” moment.

“The solutions we agree on and the commitments we will make help shape the future of our world because today, more than ever, energy is everybody’s top priority,” he said during the opening ceremony.

Dr Al Jaber noted the global energy landscape is going through a “perfect storm”, and the economy is on a “knife’s edge”.

“Global supply chains continue to be fragile, geopolitics are now more complex, fragmented and polarised than ever, inflation is rising, and interest rates are pushing up the cost of borrowing and investing,” said the Managing Director and Group CEO of Abu Dhabi National Oil Company (ADNOC).

The four-day conference is held under the patronage of the UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan.

Facing an unpredictable future and looming threats of a global recession, Dr Al