ADNOC Gears Up for WFES 2013

World Future Energy Summit (WFES)

12 January 2013

Abu Dhabi National Oil Company (ADNOC) and its Group of Companies are fully geared up to ensure active participation in the forthcoming World Future Energy Summit (WFES) to be held in Abu Dhabi on 15-17 January 2013.

Participating as a principal sponsor under the theme "Thinking Sustainably.. Acting Responsibly", the ADNOC Group aims to highlight their clean energy initiatives at the Summit which will bring together global leaders in policy, technology and business to discuss the latest technology, develop new ways of thinking and shape the future of renewable energy.

In addition to a state-of-the-art stand that that will showcase together the parent company and its 15 subsidiaries, ADNOC delegates will take part in the summit and all other side events. They will make technical presentations, share insights, and stimulate debate in various disciplines.

Director General of ADNOC, Abdulla Nasser Al Suwaidi, said: "The Summit is dedicated to advancing future energy, energy efficiency and clean technologies, and our participation is in line with our commitment to global efforts aimed at achieving sustainable development and ensuring sustainable energy." Highlighting ADNOC's efforts in ensuring sustainability, Al Suwaidi said: "While carrying out our business activities, we take into consideration the world's current and future need for energy. Long before the term sustainability was introduced, we had been putting sustainable development on top of our agenda. We have always believed it is a driving force toward improving the standard of living and economic stability for future generations, in line with Abu Dhabi Vision 2030".

He said the WFES provides a forum for ADNOC '&' its Group of Companies to exchange expertise with world energy leaders and keep abreast with the latest developments and best practices in sustainable energy.

"We would like to welcome our colleagues in the industry coming to Abu Dhabi to attend this important event. We take pride in the fact that Abu Dhabi has become a hub for such major international events whose importance is derived from the vital role the oil and gas industry plays in the world economic arena," he noted.

Over the years, ADNOC has been actively laying down the foundations for the UAE's development by pursuing a series of strategic development and expansion projects across the oil and gas sector in the Emirate of Abu Dhabi. These carefully executed projects have served to launch and uphold the UAE's respected and globally competitive economy, whilst creating favourable conditions to promote sustainable development and prosperous living in our society.

While considering global trends in sustainability for the oil and gas sector, taking into account the regional and local contexts of their operations, ADNOC has adopted many initiatives in this regard and made tremendous efforts toward the consolidation of sustainable development and the availability of sustainable energy. To name a few, these initiatives include the reduction of carbon-dioxide emissions in gas flaring, mechanisms, and means of preserving energy, the usage of natural gas and utilising it as an alternative fuel for vehicles, and industrial projects. - Emirates News Agency, WAM