Abu Dhabi National Oil Company said it is committed to playing its part in the UAE government's new 'Make it in the Emirates' strategy, with Dh40bn of projects under execution, including early stage work on Dh18bn of projects at the new chemical hub planned for Ruwais.
Tenders have been issued for front-end engineering design work on the Ruwais projects, which are being brought forward through its Ta'ziz joint venture with Abu Dhabi holding company ADQ.
Other downstream and industrial ventures, as well as a new blue hydrogen and ammonia business, are also being pursued.
Blue hydrogen refers to the clean fuel produced from natural gas. Ammonia is an easily transportable way to store hydrogen.
Currently, Adnoc produces 300,000 tonnes of hydrogen a year for use in its downstream operations. The company plans to expand its manufacturing capacity for the gas to more than 500,000 tonnes. It formed a hydrogen alliance with ADQ and Mubadala Investment Company earlier this year.
"Adnoc's downstream and industry operations are a critical engine of industrial growth in the UAE," said Khaled Salmeen, executive director of Adnoc's downstream, industry, marketing & trading directorate.
"Our operations provide competitive fuels and feedstocks to enable the nation’s industries and manufacturing supply chains," he added.
'Make it in the Emirates' is the UAE's unified industrial brand identity created to encourage local and international investors to help grow the nation's industrial base. It is part of Operation 300bn, an initiative announced by the UAE's leadership on Monday to more than double the industrial sector's contribution to the economy to Dh300bn a year by 2031, up from Dh133bn currently.
Adnoc has so far directed Dh76bn back to the local economy through its in country-value programme, it said on Tuesday. National oil companies in the region have made in-country value generation a key driver to stimulate private sector growth and boost local job creation.
Projects developed through Ta'ziz in the Ruwais derivatives park will target the development of new chemicals and products.
Disinfectants, plastics, construction materials and pharmaceuticals will be part of the production at the chemicals hub, which is open to international and local investment. It has received "significant interest from investors", with partners for anchor projects to be announced in the coming months, Adnoc said.
The company's expansion of its chemicals production through its Borouge venture with Borealis is also on track. A fifth polypropylene unit under construction is nearly 90 per cent complete, Adnoc said. It will have the capacity to produce enough material for about 600,000 kilometres of polypropylene pipes per year.
Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
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Libya's Gold
UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves.
The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.
Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.
A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.
If you go
Flight connections to Ulaanbaatar are available through a variety of hubs, including Seoul and Beijing, with airlines including Mongolian Airlines and Korean Air. While some nationalities, such as Americans, don’t need a tourist visa for Mongolia, others, including UAE citizens, can obtain a visa on arrival, while others including UK citizens, need to obtain a visa in advance. Contact the Mongolian Embassy in the UAE for more information.
Nomadic Road offers expedition-style trips to Mongolia in January and August, and other destinations during most other months. Its nine-day August 2020 Mongolia trip will cost from $5,250 per person based on two sharing, including airport transfers, two nights’ hotel accommodation in Ulaanbaatar, vehicle rental, fuel, third party vehicle liability insurance, the services of a guide and support team, accommodation, food and entrance fees; nomadicroad.com
A fully guided three-day, two-night itinerary at Three Camel Lodge costs from $2,420 per person based on two sharing, including airport transfers, accommodation, meals and excursions including the Yol Valley and Flaming Cliffs. A return internal flight from Ulaanbaatar to Dalanzadgad costs $300 per person and the flight takes 90 minutes each way; threecamellodge.com
'The Lost Daughter'
Director: Maggie Gyllenhaal
Starring: Olivia Colman, Jessie Buckley, Dakota Johnson
Rating: 4/5
UAE currency: the story behind the money in your pockets
hall of shame
SUNDERLAND 2002-03
No one has ended a Premier League season quite like Sunderland. They lost each of their final 15 games, taking no points after January. They ended up with 19 in total, sacking managers Peter Reid and Howard Wilkinson and losing 3-1 to Charlton when they scored three own goals in eight minutes.
SUNDERLAND 2005-06
Until Derby came along, Sunderland’s total of 15 points was the Premier League’s record low. They made it until May and their final home game before winning at the Stadium of Light while they lost a joint record 29 of their 38 league games.
HUDDERSFIELD 2018-19
Joined Derby as the only team to be relegated in March. No striker scored until January, while only two players got more assists than goalkeeper Jonas Lossl. The mid-season appointment Jan Siewert was to end his time as Huddersfield manager with a 5.3 per cent win rate.
ASTON VILLA 2015-16
Perhaps the most inexplicably bad season, considering they signed Idrissa Gueye and Adama Traore and still only got 17 points. Villa won their first league game, but none of the next 19. They ended an abominable campaign by taking one point from the last 39 available.
FULHAM 2018-19
Terrible in different ways. Fulham’s total of 26 points is not among the lowest ever but they contrived to get relegated after spending over £100 million (Dh457m) in the transfer market. Much of it went on defenders but they only kept two clean sheets in their first 33 games.
LA LIGA: Sporting Gijon, 13 points in 1997-98.
BUNDESLIGA: Tasmania Berlin, 10 points in 1965-66
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How to register as a donor
1) Organ donors can register on the Hayat app, run by the Ministry of Health and Prevention
2) There are about 11,000 patients in the country in need of organ transplants
3) People must be over 21. Emiratis and residents can register.
4) The campaign uses the hashtag #donate_hope
The Pope's itinerary
Sunday, February 3, 2019 - Rome to Abu Dhabi
1pm: departure by plane from Rome / Fiumicino to Abu Dhabi
10pm: arrival at Abu Dhabi Presidential Airport
Monday, February 4
12pm: welcome ceremony at the main entrance of the Presidential Palace
12.20pm: visit Abu Dhabi Crown Prince at Presidential Palace
5pm: private meeting with Muslim Council of Elders at Sheikh Zayed Grand Mosque
6.10pm: Inter-religious in the Founder's Memorial
Tuesday, February 5 - Abu Dhabi to Rome
9.15am: private visit to undisclosed cathedral
10.30am: public mass at Zayed Sports City – with a homily by Pope Francis
12.40pm: farewell at Abu Dhabi Presidential Airport
1pm: departure by plane to Rome
5pm: arrival at the Rome / Ciampino International Airport
Wicked: For Good
Director: Jon M Chu
Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater
Rating: 4/5
