Secure routes for energy

At ADIPEC 2026 in Abu Dhabi, Minister of Industry and Advanced Technology and ADNOC CEO Sultan Al Jaber said the world needs secure routes for delivering energy to markets, as well as expanded strategic storage, product inventories and refining capacity, and the development of infrastructure and logistics systems. He warned of the consequences of disrupted navigation through the Strait of Hormuz, noting that around one billion barrels had been drawn from global oil inventories, diesel stocks in some markets had fallen to their lowest seasonal level in 35 years, and LNG supplies had declined by as much as 600 billion cubic feet. Shipping and logistics costs had also risen from 5% to 30% of the cost of a barrel of oil. Al Jaber affirmed that ADNOC was prepared for crises and operated with an AI-supported model.

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