March 23 (Reuters) - Abu Dhabi state oil giant ADNOC's
Group CEO Sultan Al Jaber will not travel to Houston for the
CERAWeek energy conference and will participate virtually before
travelling to Washington D.C. for meetings, an ADNOC
spokesperson told Reuters, as the Iran war upends energy
markets.
The gathering, which draws some of the oil and gas
industry's top executives and officials, opens on Monday, at a
time when global oil prices are soaring due to Iran's effective
closure of the Strait of Hormuz as well as attacks on
infrastructure, leaving governments scrambling to fight
inflation and avoid recessions.
CERAWeek, organised by S&P Global, will be without the
physical presence of top Gulf executives this year. Saudi Aramco
CEO Amin Nasser has cancelled his planned appearance because of
the war and Kuwait Petroleum Corporation's CEO will address the
gathering from Kuwait on Tuesday.
Al Jaber's "participation reflects the importance he places
on direct engagement with the global energy community at a
critical moment for energy security", the spokesperson said.
Separately, he will travel to Washington on a 48-hour trip
to hold a series of senior-level bilateral meetings and attend
an event hosted by the Middle East Institute, the spokesperson
said.
Al Jaber is expected to address CERAWeek on Monday and his
trip to Washington is expected in the middle of this week.
His meetings there "will focus on the Hormuz situation,
global energy supply continuity, and the UAE-U.S. strategic
partnership," the spokesperson said.