Ruwais LNG project : ADNOC partners with global energy giants for pioneering low-carbon energy project in Abu Dhabi
During a high-profile meeting and signing ceremony, His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, engaged with leaders of the world’s top energy companies to discuss the future of the energy sector. The focus was on the United Arab Emirates’ (UAE) dedication to fostering a sustainable future through innovative technologies and international cooperation.
The ceremony marked the formal partnership with ADNOC’s Ruwais LNG project, where bp, Mitsui & Co., Shell, and TotalEnergies each secured a 10% equity stake, with ADNOC maintaining a 60% majority. This partnership is pivotal as it underpins Abu Dhabi’s role as a reliable investment hub in the global energy landscape.
His Highness Sheikh Khaled bin Mohamed emphasized the strategic importance of integrating advanced technologies and artificial intelligence to elevate efficiency and reduce carbon emissions in the energy sector. This approach not only aligns with the UAE’s vision for economic sustainability but also its proactive stance in global energy transformation.
![Sheikh Khaled bin Mohamed champions sustainability with global leaders at ADNOC’s Ruwais LNG project, setting a new standard for low-carbon energy projects.](https://business-news-today.com/wp-content/uploads/2024/07/Sheikh-Khaled-bin-Mohamed-Ruwais-LNG-project-650x434.webp)
Sheikh Khaled bin Mohamed champions sustainability with global leaders at ADNOC’s Ruwais LNG project, setting a new standard for low-carbon energy projects. Photo courtesy of ADNOC.
The Ruwais LNG project, located in Al Ruwais Industrial City, Al Dhafra, Abu Dhabi, is set to become the first LNG export facility in the Middle East and North Africa (MENA) region to utilize clean power extensively. It will incorporate the latest digital and AI technologies to minimize emissions, optimizing the production process to handle a capacity of 9.6 million metric tonnes per annum (mmtpa).
This initiative reflects the UAE’s commitment to addressing global energy challenges by fostering partnerships that enhance the development of low-carbon projects and support long-term industrial growth. The project is poised to more than double ADNOC’s LNG production capacity, significantly impacting global natural gas supply.
The Ruwais LNG project exemplifies the UAE’s leadership in adopting cutting-edge technology for sustainable energy solutions. This strategic move by Sheikh Khaled and ADNOC with international giants sets a benchmark in the energy sector for environmental stewardship and innovation.
In conclusion, Sheikh Khaled’s leadership in this venture not only enhances the UAE’s position in the global energy market but also sets a precedent for future international collaborations aimed at achieving sustainable development goals. The Ruwais LNG project is a testament to the UAE’s proactive approach in leading the energy transition towards a cleaner, more sustainable future.
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