ADNOC initiatives to boost national economy – Abu Dhabi official

Abu Dhabi – Mubasher: Abu Dhabi National Oil Company’s (ADNOC) new initiatives and future plans will strengthen the national economy and its diversification, and helps it compete regionally and globally, Hazza bin Zayed, deputy chairman of the Abu Dhabi Executive Council, said.

ADNOC seeks to provide sustainable supply of gas by investing in projects, opening horizons, and allowing for further land and sea explorations, bin Zayed added in a tweet.

The national economy is proving its ability to grow and maintain its leadership, the deputy chairman added.

ADNOC is considering listing several minority stakes in a number of its subsidiaries on the UAE stock markets.

Mubasher Contribution Time: 11-Jul-2017 11:24 (GMT)
Mubasher Last Update Time: 11-Jul-2017 11:34 (GMT)