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Thursday, February 29, 2024

ADNOC Group CEO meets South Korea’s Foreign Minister

(Seoul) – Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of State and ADNOC Group CEO, met with South Korea’s Foreign Minister, Kang Kyung-wha, during a two-day visit to Seoul, aimed at strengthening economic ties with South Korea and exploring market growth opportunities in the energy sector.

During the meeting Dr. Al Jaber conveyed the greetings of the UAE leadership to the government and people of South Korea and praised the substantial progress that has been made in UAE-South Korea strategic relationship, stretching back nearly 40 years, stressing the keenness of the UAE to strengthen and deepen those relations. Business and economic ties between the two countries, particularly in the energy sector, were also discussed.

During the visit to the country, Dr. Al Jaber will also meet with Chief Presidential Secretary Im Jong-seok, who serves as chief of staff to the President of South Korea.

Dr. Al Jaber said: “This visit reflects the importance the UAE and ADNOC places on its long-term partnership with South Korea, especially in the economic and energy sectors which have contributed to a deepening of broader relations between our two countries and an increase in mutually beneficial investments and partnerships.

“ADNOC continues to be a trusted and reliable supplier of oil, gas and refined products to South Korea. As such we wish to build on these deep-rooted and long-standing ties as we accelerate delivery of our 2030 growth strategy and strengthen our presence in overseas markets through our international downstream expansion.”

Dr. Al Jaber will also hold a series of meetings with leading Korean industrialists from the oil and gas, technology and engineering sectors, including the Jin-Soo Huh, Chairman of GS Caltex; Shin Dong-bin, CEO of Lotte Chemical Corporation; Chey Tae-Won, Chairman of SK Innovation; Kim Jun, President and CEO of SK Innovation; Kim Jung Rae, CEO of the Korean National Oil Company and Sungan Choi, President and CEO of Samsung Engineering.

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