President hails Adnoc's role as a catalyst for UAE's growth

President His Highness Sheikh Mohamed Bin Zayed Al Nahyan has presided over the annual meeting of the Adnoc Board of Directors at the Habshan complex in Abu Dhabi, a strategic hub for the company's onshore operations which includes one of the world’s largest gas processing facilities.

- 

The meeting was held in the operations control room operated by Adnoc Gas, which supplies 60 per cent of the UAE's natural gas requirements to support the energy and industrial sectors.

During the meeting, Adnoc's five-year business plan and capital expenditure (CAPEX) of $150 billion (Dhs551billion) for 2026-2030 was approved by the Board to maintain the company's current operations and drive smart growth as it continues to help meet growing global energy demand.

Sheikh Mohamed recognised Adnoc's success in delivering on its domestic and international growth strategy while strengthening its resilience in a fast-evolving energy landscape.

He called on Adnoc to scale its impact beyond performance and convert success into strategic advantage to reinforce the UAE's standing as a technology-driven energy powerhouse.

Sheikh Mohamed underlined Adnoc’s continued role as a catalyst for the UAE’s growth and diversification.

He recognised the company for creating new economic and industrial opportunities for the private sector through its In-Country Value (ICV) programme and for its support of the ‘Make it in the Emirates’ initiative, the national programme to drive industrial growth and diversification.