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King Felipe VI Receives Sultan Ahmed Al Jaber - Madrid

King Felipe VI (left) receives in audience the Minister of Industry and Advanced Technology of the United Arab Emirates and CEO of the Abu Dhabi National Oil Company (ADNOC), Sultan Ahmed Al Jaber (right), at the Zarzuela Palace, on July 11, 2023, in Madrid (Spain). The Sultan is visiting Spain to participate in the European Union Environment Ministers' meeting to be held in Valladolid, in his capacity as President-designate for COP28, which will take place in Dubai in November this year. Photo by A. Pérez Meca / Europa Press/ABACAPRESS.COM

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King Felipe VI Receives Sultan Ahmed Al Jaber - Madrid

King Felipe VI (left) receives in audience the Minister of Industry and Advanced Technology of the United Arab Emirates and CEO of the Abu Dhabi National Oil Company (ADNOC), Sultan Ahmed Al Jaber (right), at the Zarzuela Palace, on July 11, 2023, in Madrid (Spain). The Sultan is visiting Spain to participate in the European Union Environment Ministers' meeting to be held in Valladolid, in his capacity as President-designate for COP28, which will take place in Dubai in November this year. Photo by A. Pérez Meca / Europa Press/ABACAPRESS.COM

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King Felipe VI Receives Sultan Ahmed Al Jaber - Madrid

King Felipe VI (left) receives in audience the Minister of Industry and Advanced Technology of the United Arab Emirates and CEO of the Abu Dhabi National Oil Company (ADNOC), Sultan Ahmed Al Jaber (right), at the Zarzuela Palace, on July 11, 2023, in Madrid (Spain). The Sultan is visiting Spain to participate in the European Union Environment Ministers' meeting to be held in Valladolid, in his capacity as President-designate for COP28, which will take place in Dubai in November this year. Photo by A. Pérez Meca / Europa Press/ABACAPRESS.COM

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King Felipe VI Receives Sultan Ahmed Al Jaber - Madrid

King Felipe VI (left) receives in audience the Minister of Industry and Advanced Technology of the United Arab Emirates and CEO of the Abu Dhabi National Oil Company (ADNOC), Sultan Ahmed Al Jaber (right), at the Zarzuela Palace, on July 11, 2023, in Madrid (Spain). The Sultan is visiting Spain to participate in the European Union Environment Ministers' meeting to be held in Valladolid, in his capacity as President-designate for COP28, which will take place in Dubai in November this year. Photo by A. Pérez Meca / Europa Press/ABACAPRESS.COM

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King Felipe VI Receives Sultan Ahmed Al Jaber - Madrid

King Felipe VI (left) receives in audience the Minister of Industry and Advanced Technology of the United Arab Emirates and CEO of the Abu Dhabi National Oil Company (ADNOC), Sultan Ahmed Al Jaber (right), at the Zarzuela Palace, on July 11, 2023, in Madrid (Spain). The Sultan is visiting Spain to participate in the European Union Environment Ministers' meeting to be held in Valladolid, in his capacity as President-designate for COP28, which will take place in Dubai in November this year. Photo by A. Pérez Meca / Europa Press/ABACAPRESS.COM

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JBIC loans $3 bil. to Abu Dhabi state firm for oil supply

ABU DHABI, United Arab Emirates - Hiroshi Watanabe (C), president of the Japan Bank for International Cooperation, and Yousef Omair bin Yousef (R), CEO of Abu Dhabi National Oil Company, sign a document in Abu Dhabi on Nov. 2, 2010. The state-run JBIC signed a deal with ADNOC to loan $3 billion in conjunction with five banks in exchange for securing a stable oil supply for Japan.

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JBIC loans $3 bil. to Abu Dhabi state firm for oil supply

ABU DHABI, United Arab Emirates - Hiroshi Watanabe (C), president of the Japan Bank for International Cooperation, and Yousef Omair bin Yousef (R), CEO of Abu Dhabi National Oil Company, sign a document in Abu Dhabi on Nov. 2, 2010. The state-run JBIC signed a deal with ADNOC to loan $3 billion in conjunction with five banks in exchange for securing a stable oil supply for Japan. (Kyodo)