The Supreme Petroleum Council, chaired by Mohammed bin Zayed, reviewed the results of ADNOC in 2018, which included the discovery of 15 trillion cubic feet of gas and an additional 1 billion barrels of crude oil. Several decisions were announced after the Supreme Petroleum Council’s meeting today.<\/p>\n
Mohammed bin Zayed tweeted with the meeting proceedings on his official twitter account, stating: “With the blessing of Khalifa, we held a meeting of the Supreme Petroleum Council and approved Dh 486 billion in investments to support ADNOC’s growth and expansion projects in the next five years. We also adopted a comprehensive strategy to achieve gas self-sufficiency and gradually increase oil capacity to 5 million barrels per day in 2030”.<\/p>\n
His highness continued tweeting: “\u201cAccelerating investments,\u00a0driving\u00a0competitiveness & increasing productivity\u00a0are\u00a0strategic imperatives,\u00a0as we enter a new phase of\u00a0national\u00a0development.\u00a0ADNOC is taking proactive steps to keep the UAE ahead of the curve and\u00a0to\u00a0enable\u00a0future prosperity\u201d.<\/p>\n
<\/p>\n
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The Supreme Petroleum Council, chaired by Mohammed bin Zayed, reviewed the results of ADNOC in 2018, which included the discovery of 15 trillion cubic feet of gas and an additional 1 billion barrels of crude oil. Several decisions were announced after the Supreme Petroleum Council’s meeting today. Mohammed bin Zayed tweeted with the meeting proceedings …<\/p>\n","protected":false},"author":2,"featured_media":5493,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5480","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news"],"_links":{"self":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/5480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/comments?post=5480"}],"version-history":[{"count":2,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/5480\/revisions"}],"predecessor-version":[{"id":5494,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/5480\/revisions\/5494"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media\/5493"}],"wp:attachment":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media?parent=5480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/categories?post=5480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/tags?post=5480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}