Economy Politics Local 2026-01-27T13:14:28+00:00

ADNOC: Oil Demand to Exceed 100 Million Barrels per Day Until 2040

ADNOC's CEO Sultan Al Jaber forecasts that oil demand will remain high until 2040, while LNG demand will continue to grow.


ADNOC: Oil Demand to Exceed 100 Million Barrels per Day Until 2040

Sultan Ahmed Al Jaber, Managing Director and CEO of ADNOC, stated that oil demand will remain above 100 million barrels per day until 2040. Meanwhile, demand for liquefied natural gas will continue to grow.