Adnoc aims to deepen energy ties with India

Dr Sultan Ahmad Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company (Adnoc), met Prime Minister of India Narendra Modi at an energy leaders’ roundtable as the UAE seeks to expand partnerships and investment opportunities, especially in the energy sector.

The roundtable, held in New Delhi, was also attended by Dharmendra Pradhan, India’s Minister of Petroleum and Natural Gas and Minister of Skill Development and Entrepreneurship; Khalid Al Falih, Minister of Energy, Industry and Mineral Resources of Saudi Arabia and Chairman of Saudi Aramco; Mohammad Sanusi Barkindo, SecretaryGeneral of Opec; as well as global oil and gas industry leaders, including the CEOs of Total and BP.

During the meeting with Modi, Al Jaber conveyed the greetings of the UAE’s leadership, and emphasised the importance of the strategic relationship between the UAE and India.

“Energy cooperation is an important aspect of the UAE’s relations with India. We are keen to expand and deepen that relationship and believe there are mutually beneficial partnership and co-investment opportunities across our upstream and downstream value chains. Adnoc is ready to work with its existing and potential new partners to meet the growing demand for energy and petrochemical products in India,” said Al Jaber.

The Minister of State also participated in the CERAWeek India Energy Forum, where he spoke on highlighting the key role the UAE will play in providing energy that will drive India’s economic expansion over the next two decades.