UAE’s ADNOC Chief Sultan Al Jaber Highlights India as LNG Priority, Announces Alterra’s Renewable Push

In a major energy announcement, Sultan Al Jaber, CEO of Abu Dhabi National Oil Company (ADNOC), outlined a dual-track strategy combining renewable energy investments and LNG expansion. While Alterra will spearhead renewable ventures in India, ADNOC is strengthening its global gas portfolio to meet rising demand across emerging markets.

Key Highlights:

• Renewable Energy in India: Alterra, UAE’s clean energy investment platform, will invest in India’s renewable sector, reinforcing bilateral energy cooperation.
• India as LNG Priority: ADNOC has identified India as its No.1 market for liquefied natural gas (LNG), reflecting the country’s growing energy needs.
• Global Gas Expansion: ADNOC is expanding its gas portfolio across Asia and Africa, diversifying supply chains and enhancing energy security.
• Strategic Balance: The UAE’s approach underscores its commitment to global decarbonization while ensuring reliable LNG supply for fast-growing economies.

This announcement highlights the UAE’s ambition to lead in both traditional and renewable energy, aligning with sustainability goals while meeting the energy demands of emerging markets.

Sources: Reuters, Economic Times, Business Standard.