The global energy industry must
fundamentally rethink how it builds, protects and delivers secure energy,
following a year of unprecedented disruption that has exposed critical
vulnerabilities in international supply chains, Dr Sultan Al Jaber, UAE
Minister of Industry and Advanced Technology and ADNOC Managing Director and
Group CEO said.
Delivering the opening address at ADIPEC 2026 in Abu Dhabi, in the presence of Sheikh
Mansour bin Zayed Al Nahyan, Vice President of the UAE, Deputy
Prime Minister, and Chairman of the Presidential Court, Dr. Al Jaber said
preparedness is essential to navigating an increasingly uncertain global
landscape.
“For decades, energy security was a question for specialists. It was debated in
rooms like this, by people like us, in a language that few needed to learn.
This year, every family, every farmer, every industry and every business owner
is asking about it, and our collective job is to find the answers.”
Stating it is not possible to control every situation and remove every risk,
Dr. Al Jaber said: “The choices we make today will determine the energy
landscape a decade from now. Let’s apply the lessons we have learned.
Let’s build capacity and everything that supports it. Let’s forge
partnerships that hold when it matters. And if you want a partner you can count
on you are in the right room, in the right city, in the right country. Because
when it counts the most, you can count on the UAE.”
As an example of the strategic partnerships needed to strengthen resilience and
prepare for future challenges, Dr. Al Jaber highlighted ADNOC’s new
collaboration with OpenAI and G42, which will harness frontier AI to make
energy systems smarter, safer, more secure and more productive.
Setting out the case for a more resilient energy system, Dr. Al Jaber said
since the disruption in the Strait of Hormuz, nearly one billion barrels of
crude have been drained from inventories. He noted that in some markets, stocks
of diesel are at their lowest seasonal level in 35 years, while others are
facing a 600 billion cubic feet LNG supply gap. “Simply put, the world has
eroded its supply buffers,” Dr. Al Jaber said.
“But supply is only half the story. The other half is delivery. Before the
disruption, logistics were less than five per cent of the cost of a barrel.
Today, they are more than 30 per cent. In short, energy security is not only
measured at the point of production. It is now also measured at the point of
delivery.”
Dr. Al Jaber outlined five steps the energy industry can take to reduce the
impact of future shocks. “First, accessible supply. We need expanded strategic
storage, larger stockpiles of products and flexible refining capacity closer to
consumer markets.
“Second, routes to market. Supply only counts when it arrives. Infrastructure
must be built before it is needed and enabled by advanced logistics.
“Third, operational intelligence. Moving from automated operations to
intelligent energy systems that anticipate risk, optimise performance and drive
down the cost of every barrel.
“Fourth, capital follows confidence. Policy must create it, finance must
accelerate it and insurance must keep trade moving.
“Fifth, which is in my view the most important, is people. Because behind every
barrel that arrives is a person who made sure it did. Systems don’t carry
responsibility, people do. “
Reflecting on the UAE’s resilience during recent market disruptions, Dr. Al
Jaber said: “We did not write our resilience playbook during this disruption.
We wrote it years before. And at ADNOC, it did not make us immune, it made us
prepared. Our leadership’s foresight in modernising ADNOC made the difference,
from integrated trading, to investing in people, to world-class logistics, to
XRG’s global portfolio in gas, chemicals and energy solutions.
“The evident result is our end-to-end AI enabled operating model, built for a
world of rising demand and delivering what customers need, when they need it,
where they need it. Our ambition is to make ADNOC the most customer-centric
energy company on earth.
“And ambitions like this need partners who see the world the same way. That is
why I am so pleased that Sam Altman, CEO of OpenAI, has joined us today for the
opening of ADIPEC,” Dr Al Jaber said.
“Earlier this morning, we announced a new agreement between ADNOC, OpenAI and
G42. This partnership, guided by His Highness Sheikh Khaled bin Mohamed bin
Zayed Al Nahyan, Crown Prince of Abu Dhabi, will transform ADNOC’s field
development, well management and commercial operations. And it will make ADNOC
the world’s first energy company to deploy OpenAI Frontier. Together, we will
make our systems smarter, safer, more secure, more resilient.
“From the moment ChatGPT was born, the world has asked what energy can do for
AI. And now, together, we will find out what AI can do for energy.”
During his speech, Dr. Al Jaber paid tribute to the example set by His Highness
Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, highlighting his
leadership and the values of unity and belonging that underpin the country’s
resilience.
“His Highness believes belonging is not measured by where you were born. It is
measured by where you stand when it matters. And this flag, the UAE flag, will
always have room for anyone willing to stand under it. And that is why, when
the test came. Talent stayed. Capital stayed. Investment kept coming and the
economy kept moving. That is the UAE model, pressure-tested and proven by
results.”
Dr. Al Jaber added: “Allow me to add a very important point about the
circumstances we face. The UAE will always advocate for dialogue, active
diplomacy and pursue political solutions that bring stability to markets, to
energy flows and to the global economy.”
Dr. Al Jaber praised the UAE’s armed forces, Civil Defense, firefighters, first
responders and ADNOC’s front line employees for their selfless service in
testing times. “They came from different backgrounds, wore different uniforms,
and shared one instinct: to protect this land and put others first.” He also
acknowledged regional and global partners in the energy community for their
contribution to keeping energy flowing during this period.
Concluding, Dr. Al Jaber reflected on the testing times of recent months. He
said: “This year, the whole world witnessed the UAE leadership stand firm. They
watched the UAE grow stronger under pressure. They watched our communities
unite around a common cause. And I was reminded of a truth I have always known.
To serve this country is not merely a responsibility. It is the highest
privilege of my life and one I carry with me every single day.”
Held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan,
President of the UAE, and hosted by ADNOC, ADIPEC 2026 is taking place at the
Abu Dhabi National Exhibition Centre, with an expected record attendance of
over 239,000 attendees from more than 170 countries, over 2,250 exhibiting
companies, 1,800 speakers and 30 country pavilions. -OGN/TradeArabia News Service

