久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Q and A with CEO

UAE energy firm eyeing Chinese market

By Zheng Xin | China Daily | Updated: 2018-03-09 08:48
Share
Share - WeChat
Sultan Ahmed Al Jaber, CEO of Abu Dhabi National Oil Co. [Photo/VCG]

'We are wholly committed to ensuring oil supplies for China and the wider Asian region,' says CEO of ADNOC

Abu Dhabi National Oil Co, the state-owned oil company of the United Arab Emirates, has vowed to continue increasing its share of oil supplies to China.

"We are wholly committed to ensuring oil supplies to China and the wider Asian region ... China's growing demand for crude remained integral to our long-term growth strategy," said Sultan Ahmed Al Jaber, CEO of ADNOC.

China imported 419.6 million metric tons of crude oil last year, surpassing the United States to become the world's No 1 importer. Imports are expected to make up more than 70 percent of China's crude oil supply in 2018 amid sound economic growth, and all crude exporters are hoping to grab a larger slice of the pie.

"In order to ensure we meet this demand, we are on track to increase our production capacity to 3.5 million barrels per day by optimizing both our existing and untapped hydrocarbon reserves, and further leveraging our low-cost advantage to ensure reliability and efficiency of supply," Al Jaber said.

After China National Petroleum Corp secured a 12 percent stake in ADNOC's onshore oil concession last year, ADNOC also finalized another important 40-year oil concession partnership agreement with China Energy Company Ltd, extending 4 percent of its largest onshore oil concession in Abu Dhabi. These companies are now key ADNOC partners across a range of areas.

The company has also recently signed a further framework agreement with CNPC covering various other areas of potential collaboration, including offshore opportunities and sour gas development projects.

"We look forward to a relationship that complements ADNOC's resources and China's technology, know-how and local market access," said Al Jaber.

In an exclusive interview with China Daily, Al Jaber talked about his understanding of the Chinese market, his rich experience in the energy industry and his management style.

How has the relationship between ADNOC and China developed?

China is a key growth market for both ADNOC and the wider UAE. ADNOC has established upstream partnerships with China National Petroleum Corporation and China Energy Company through our onshore oil concession. Downstream, we have built a solid long-term presence in China's petrochemical market through our Borouge business, which has been operating in China since 2009.

ADNOC is uniquely positioned to meet the rising Chinese demand for both crude oil and higher value products derived from oil. As ADNOC moves into the next phase of transformation, China will continue to be very important for the growth of our business.

What are ADNOC's plans in China for the next five years? Are there any co-investment opportunities in the downstream petrochemical and refining businesses?

Cooperation with Chinese companies in the petrochemicals sector has been a priority for us, as we look to support the Chinese government to boost its own petrochemical production.

We already have business and partnerships in place that are delivering this increase in production. Borouge, our joint venture with Borealis that is headquartered in the UAE, has extensive operations and investments across China. We announced an increase in capacity of compounded polypropylene resins from 90kt/pa to 120kt/pa by 2020 last May at its plant in Shanghai to support growing demand of the auto manufacturing industry. It's been an extremely positive business experience for ADNOC.

How do you think artificial intelligence can be used in the energy sector and by ADNOC in particular?

Artificial intelligence is being applied to the energy sector, including minimizing disruptions, reducing costs and optimizing performance. For instance, predictive analytics have the potential to enhance the electricity grid by instantly evaluating terabytes of information to anticipate demand peaks and system stress.

At ADNOC, we are leveraging the power of big data to augment visibility into our operations both below and above ground. As part of our ongoing transformation, we are exploring how AI could help further improve efficiency, make us more agile and drive profitability. We also arranged a visit to Huawei's cutting-edge innovation park and learned more about the breakthroughs Chinese firms are making across different areas.

What is the role of Chinese investors during ADNOC's transformation?

ADNOC is also looking to develop upstream concessions with value-add companies, which could potentially be Chinese. We are creating innovative investment structures and ventures including pipelines, storage, processing and refining-related infrastructure assets that we think might be attractive to Chinese investors and business partners.

Across the business, especially in the downstream refining and petrochemical areas, we are also looking to create a number of new investment opportunities where we will bring in long-term partners to help us drive growth, efficiency and knowledge transfer to generate greater returns from our assets.

How will you compete with competitors in China and the rest of the world?

We don't just compete, but in many cases we lead, including the strategic location of our resources, assets and projects at a key pivot point between East and West. Our energy resources are world-class, while long-term consistency, security and stability of the UAE's business environment also gives us an advantage over many of our regional and global competitors.

Saying that, we are never complacent and we must constantly adapt and look to create the maximum amount of value to all our stakeholders and customers.

What business opportunities will emerge through the Belt and Road Initiative?

As a result of the growth of Belt and Road economies, the UAE is developing into an important logistical hub facilitating the increase in trade between Belt and Road countries, Africa and Europe. DP World's Jebel Ali port is now the largest in the Middle East and Abu Dhabi Ports is one of the fastest growing.

Over the next 20 years, there will be double-digit growth across every sector of the Belt and Road region including energy, infrastructure, manufacturing, financial services, education, healthcare and tourism, and the UAE looks forward to playing its part to enhance that growth.

What is your philosophy managing the business strategy of ADNOC?

Energy companies must adjust their strategies to remain resilient in response to the new realities of a fast evolving global energy landscape and flexible enough to take full advantage of market opportunities. Over the last two years, we have embarked on an ambitious and bold transformation and value creation strategy for our business, to ensure that we remain a resilient, agile and performance-driven company, fit to compete and lead in this new energy era.

Central to this further transformation and value creation strategy is a strategic pivoting of ADNOC to the downstream. In this regard, we will be announcing our new ADNOC downstream strategy, as well as a number of new investment and partnership opportunities, at our Downstream Investment Forum to be held in Abu Dhabi on May 13 and 14.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    av天堂永久资源网| 亚洲乱码日产精品bd在线观看| 国产a级黄色大片| 亚洲综合欧美在线| 成人在线免费播放视频| 高清在线观看免费| 欧美国产视频一区| 久久免费一级片| 伊人成人222| 国产三级日本三级在线播放| 天天影视综合色| 国产欧美高清在线| 国产成人综合一区| 88av.com| 别急慢慢来1978如如2| 日本xxxxxxx免费视频| 国产97色在线 | 日韩| 污污视频网站免费观看| 日韩视频在线免费看| 日本一极黄色片| 37pao成人国产永久免费视频| 亚洲最大综合网| 黑鬼大战白妞高潮喷白浆| 久草综合在线观看| 婷婷中文字幕在线观看| 国产又粗又长又爽又黄的视频| av在线网站免费观看| 400部精品国偷自产在线观看| 免费观看国产视频在线| 日韩一级特黄毛片| 国产特级淫片高清视频| 免费在线激情视频| 国产精品嫩草影院8vv8| 国产又黄又爽免费视频| 中文字幕第50页| 亚洲国产精品成人天堂| 日本新janpanese乱熟| 91小视频网站| 小早川怜子一区二区三区| 国产小视频免费| 国产成人精品视频免费看| 最近中文字幕一区二区| 国内外成人免费在线视频| 久久久久久久久影视| 精品视频免费在线播放| 国产精品天天av精麻传媒| 黄色免费高清视频| 缅甸午夜性猛交xxxx| 激情 小说 亚洲 图片: 伦| 无码人妻精品一区二区三区99v| 亚洲人成无码网站久久99热国产 | 一级一片免费播放| 99热这里只有精品7| 国产成a人亚洲精v品在线观看| 国产av人人夜夜澡人人爽麻豆| 成人在线观看黄| 8x8x成人免费视频| 每日在线更新av| www.久久av.com| 97在线免费视频观看| 国产v亚洲v天堂无码久久久| 成人在线免费观看网址| 久久精品视频91| 日本一区二区免费高清视频| 女性隐私黄www网站视频| www.亚洲一区二区| 色哟哟精品视频| 久久人人爽人人片| 中文字幕永久视频| 欧美男女爱爱视频| 欧洲在线免费视频| 无码少妇一区二区三区芒果| 国产又粗又长又爽视频| 国产视频一区二区视频| 国产色一区二区三区| 樱花草www在线| 久久成人免费观看| 国产欧美久久久久| 超碰成人在线播放| 国产精品亚洲二区在线观看| 黄色一级大片免费| 涩多多在线观看| 欧美日韩一区二区在线免费观看| 国产一二三在线视频| 992tv成人免费观看| 欧美精品久久久久久久久25p| 日韩在线视频在线观看| 97久久国产亚洲精品超碰热| 九九热视频免费| 国产免费999| 国产最新免费视频| 免费在线观看日韩视频| 欧美日韩精品在线一区二区| www.成年人视频| 日本福利视频导航| 中文字幕剧情在线观看| 日本人视频jizz页码69| 男女私大尺度视频| 亚洲精品乱码久久久久久自慰| 一级一片免费播放| 久久9精品区-无套内射无码| 国产又爽又黄ai换脸| 九九爱精品视频| 欧美又黄又嫩大片a级| 男人透女人免费视频| 日本一本中文字幕| 中文字幕一区二区三区四区五区人| 欧美丰满熟妇xxxxx| 热99这里只有精品| 毛片av在线播放| 久久久精品高清| 免费大片在线观看| av天堂永久资源网| 妞干网在线观看视频| 成人av在线播放观看| 日韩精品福利片午夜免费观看| 青青草久久伊人| 日韩 欧美 高清| 国产人妻777人伦精品hd| 亚洲爆乳无码精品aaa片蜜桃| 亚洲欧美日韩一二三区| 美女网站色免费| 又色又爽又高潮免费视频国产| 少妇性饥渴无码a区免费| 少妇人妻大乳在线视频| 欧美在线观看黄| 中文字幕制服丝袜在线| 国产免费一区二区视频| 日本精品久久久久中文字幕| 播放灌醉水嫩大学生国内精品| 免费在线观看视频a| 天美一区二区三区| 日本国产在线播放| 热久久久久久久久| www.射射射| 91亚洲一区二区| 麻豆映画在线观看| 一本色道久久88亚洲精品综合| 波多野结衣激情| 狠狠热免费视频| 美女日批免费视频| 日韩精品一区二区三区不卡| 亚洲一区二区在线视频观看| 黄色一级片av| 亚洲AV无码成人精品一区| www.天天射.com| 日本a视频在线观看| 国产永久免费网站| 99在线免费视频观看| 亚洲妇熟xx妇色黄蜜桃| 99精品免费在线观看| 777久久久精品一区二区三区| 裸体裸乳免费看| 久久这里只有精品23| 国产制服91一区二区三区制服| ww国产内射精品后入国产| 在线观看三级网站| gai在线观看免费高清| 欧美日韩亚洲自拍| 日本激情综合网| 三级视频中文字幕| 激情网站五月天| 成年人免费在线播放| 国产精品videossex国产高清 | 国产特级淫片高清视频| 青青在线视频免费观看| 欧美做受777cos| 成人污网站在线观看| 91高清国产视频| 依人在线免费视频| 亚洲乱码国产一区三区| 日日碰狠狠丁香久燥| 一区二区三区韩国| 黄大色黄女片18第一次| 午夜啪啪小视频| 2025韩国大尺度电影| 中文字幕第一页亚洲| 成人黄色片免费| 丁香婷婷综合激情| 国产午夜福利在线播放| 国产97在线 | 亚洲| 99久久国产宗和精品1上映| 天天色综合社区| 搡的我好爽在线观看免费视频| 四虎免费在线观看视频| 高清无码一区二区在线观看吞精| 日韩中字在线观看| 精品久久久久久久免费人妻| 嫩草影院国产精品| 樱花草www在线| 麻豆传媒网站在线观看| 国产激情在线看| 亚洲 欧美 日韩 国产综合 在线| 精品免费国产一区二区| 亚洲xxx在线观看| 中文字幕在线视频一区二区| 色中文字幕在线观看| 日韩精品一区二区免费| 鲁一鲁一鲁一鲁一色| 别急慢慢来1978如如2|