Gulf Business

13 HE DR SULTAN AL JABER

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DIRECTOR GENERAL AND CEO, ADNOC, CHAIRMAN MASDAR

ORIGIN UAE RESIDENCE UAE SECTOR ENERGY 2016 RaNk 13

Since being appointed in February last year, Sultan Al Jaber has moved rapidly to introduce change at Abu Dhabi National Oil Company including the consolidat­ion of three of its shipping, marine and services units. He is now overseeing the firm’s 2030 strategy to boost oil production, triple petrochemi­cal output and boost efficiency on top of his other positions as minister of state, and chairman of clean energy firm Masdar and Abu Dhabi Ports. In recent interviews he has indicated the firm will be more open to partnershi­ps and investment, as seen by the $2.2bn concession share swap announced with BP in December, and may look to China for the remaining 12 per cent stake in the firm’s main onshore concession.

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