Adnoc’s oil and gas emissions to increase by 40% by 2030, analysis finds

Adnoc’s oil and gas emissions to increase by 40% by 2030, analysis finds

The president of Abu Dhabi’s state-owned oil company is set to host critical climate negotiations this autumn.

he oil company run by the president of this year’s UN climate conference is set to increase the emissions from its oil and gas products by more than 40% by 2030, according to analysis by Global Witness.

Abu Dhabi National Oil Company (Adnoc) produced about 957 million barrels of oil and 62 billion cubic metres of gas last year and this is set to increase to 1.3 billion barrels and 88 billion cubic metres respectively in 2030.

Adnoc’s CEO, Sultan Al-Jaber, who is also the president for the UN climate talks at Cop28, has emphasised publicly the need to phase down fossil fuels but this analysis has found his company may be doing the opposite.

Read more: standard.co.uk

Photo: standard.co.uk

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