Shell is celebrating 80 years in the UAE this year, for us, it’s a very proud moment. Our journey began in 1939 and we are now about 500 employees in the UAE, covering upstream, midstream, downstream and trading activities. We are very proud and honoured to participate in this journey.
We have a joint venture with ADNOC Gas Processing, a prominent and significant joint venture that controls, produces and supplies 70% of Abu Dhabi’s gas supply. We were also fortunate in Dubai to be a collaborator with the Dubai authorities to supply LNG in the primary, and today we are providing between 1 and 2 million tons of LNG to Dubai.
We also have downstream operations, aviation, and the supply of jet fuel to the airports of Dubai, Maktoum, and Sharjah. We’re fueling around 100 planes a day today, which is very significant. On the downstream line, we had the distinction of being interested in the Dubai International Airport runway resurfacing, where Shell’s bitumen expertise was used.
And then we have business operations, materials, our new business growth, and some of Iraq’s support operations are also coming from Dubai.
Our capabilities, technical support, will continue to be our priority. We have a lot of technical assistance that we provide to ADNOC, whether it’s on the upstream, sour gas storage products, licenses, but in the downstream, whether it’s catalysts or licensing.
We continue to grow our presence, whether on the side of energy solutions, lubricants, for instance, now, through the distribution of lubricants in our inventory, we currently power one hundred and seventy-five thousand automobiles.
Shell has a track record built in the UAE. What do you think about future opportunities for growth in the UAE as we are undergoing an energy transition?
It’s a plug-and-play that makes the UAE unique. And because of this plug-and-play, you’re going to have a lot more companies making up this part of this ecosystem.
We are demonstrating hydrogen at ADIPEC] and a hydrogen-powered car. Is hydrogen going to play a role here? Whether it’s Shell, the government, or other strategic partners, that’s a question for us all.
In terms of fuel supply, if we look to the future, we will continue to focus on gas. Regardless of what people think about the energy transition, gas will continue to play a major role in the energy mix for decades to come, and so will crude.
We’re looking at where our niches are on the downstream side. For example, we launched a new lubricant this year. It is specifically targeted to the market, directed at four-by-four cars and four-wheel drive.
Similarly, we look at the industrial lubricants in terms of industrial machinery, we are very much involved in that. So it’s looking at where the market shifts are going on and we’re going to keep working on those regions.