UAE Participates in CERAWEEK Conference and Exhibition in Houston
Sunday, March 11, 2018
HE Suhail Al Mazrouei, Minister of Energy and Industry, led the UAE participating at the CERAWeek Conference and Exhibition in Houston, USA, from 5-9 March 2018.
The conference is one of the largest and most important conferences in oil, gas and energy sector in the world. It also discusses a wide variety of topics related to the future of energy market trends and the latest technologies used.
“The conference is a global platform for exchanging ideas, experiences, learning and building relationships between industry and government to address the future challenges of global energy, and ensure sustainability for future generations” he said.
During this conference, the Minister of Energy and Industry participated in a Special Ministerial Dialogue Session on the importance of sustainability and climate change. In this session, he stressed that the achievement of sustainable economic and human development comes through joint collective action in the international community.
He also participated in a panel discussion with a number of speakers on the future of capturing and storing carbon dioxide. He confirmed that UAE is one of the leading countries in this field because of its important environmental and economic impact. ADNOC's flagship project is the first project in the Middle East and North Africa to capture, use and store carbon. It is an evidence of the feasibility of commercial projects that contribute to enhancing oil extraction, preserving the environment and providing more gas for the grid. This project is of great importance in terms of demonstrating the concept of integration between hydrocarbon resources and clean technology, and innovation is capable of finding viable solutions that will enhance value and address various challenges.
Coinciding with International Women's Day, the Minister of Energy and Industry participated in a panel discussion, which included many women leaders in the field of energy, and executive directors of large companies. His Excellency said during this session that UAE women are playing a prominent developmental role and have taken the international position they deserve for their virtue and excellence. Undoubtedly, there are a number of factors that have helped UAE women to hold leadership positions in UAE. The most important of these is the availability of a supportive and well-established legislative environment and base, which have enabled them to participate positively in the development process and shape the future.
On the sidelines of the conference, the Minister of Energy and Industry met with the US Energy Secretary Rick Perry and his accompanying delegation. During this meeting, the two sides discussed bilateral relations and cooperation between the United Arab Emirates and the United States of America.
HE the Minister, in his capacity as the Chairman of the current OPEC's Conference, met with the Secretary General of the Organization Mohammad Berkindo and discussed during the meeting the latest developments in the international markets under the agreement to cut production with non-OPEC countries. Al-Mazrouei stressed the importance of stabilizing the markets and stimulating and attracting energy investments to ensure that the growing demand for the coming years is met. The delegation included HE Dr. Matar Al Neyadi, Undersecretary of the Ministry, HE Mohammed Al Hammadi, CEO of Emirates Nuclear Energy Corporation, Saeed Mubarak Al Muhairi, the Consul General in Houston In the USA, and HE Ahmed Mohammed Al Kaabi, Assistant Undersecretary for Petroleum, Gas and Mineral Resources, State Governor of OPEC, and a number of officials from the Ministry of Energy and Industry.