New Silk RoadCEO of Year 2019

Fujairah, UAE, Oct. 1, 2019 - The Aramco Trading New Silk Road CEO of the Year Honorary Award 2019 was presented to H.E. Dr. Sultan Al Jaber, Minister of State & Group CEO of ADNOC, by Mr. Ibrahim Al-Buainain, CEO, Aramco Trading, in the presence of H.H Sheikh Mohammed Bin Hamad Al Sharqi, Crown Prince of Fujairah.

This prestigious annual award was inaugurated in 2017 to recognize the industry leaders who are pioneering the connectivity of the international energy industry across the New Silk Road from Asia to the Middle East and Africa. Much of this economic integration is built on a foundation of physical energy supply stretching from the producing fields of the Arabian Peninsula to the massive consuming population centers of Asia, and hence the New Silk Road CEO of the Year Award lauds individual winners in four separate sets that underpin this ancient mercantile corridor: Trading – Refining – Ports – Storage.

The Honorary Award category was added to the grouping to acknowledge the stand-out Chief Executive who made the most significant impact across all four of the celebrated energy sectors of Trading, Refining, Storage & Ports over the previous year. ADNOC’s pioneering activities in 2019 included the establishment of a joint-venture trading company with Eni and OMV, and they also signed an agreement with South Korea's SKEC to build the world's largest single underground project for oil storage.

“In the 16 months since H.E. Dr. Sultan unveiled the ADNOC Downstream Strategy, scarcely a month has gone by without a major announcement on the latest piece in the company’s downstream jigsaw puzzle that stretches from the Middle East to Asia,” Mr. Al-Buainain said while introducing the 2019 Honorary Award nominee. “This determination to never put off until tomorrow what you can deliver today has been a signature characteristic of Dr. Sultan throughout his career,” he said.

The New Silk Road CEO of the Year Awards are hosted by Aramco Trading Company, and produced by Gulf Intelligence Under the Patronage of H.H. Hamad bin Mohammad Al-Sharqi, Member of the Supreme Council and Ruler of Fujairah -- the four individual category winners for 2019 were presented their Awards last night at a Gala Dinner ceremony in Fujairah.

AH.E. Admiral Mohab Mohamed Hussein Mamish, recently retired Chairman of Egypt’s Suez Canal Authority, led the class of 2019, which also included Mr. Arif Mahmood, CEO of Downstream, PETRONAS, who was recognized in the field of oil Refining. Mr. Thomas Waymel, President of Trading & Shipping for TOTAL, received the 2019 Award for energy Trading, and Mr. Roger Chia Kim Piow, Founder & Chairman of the Rotary Group of Companies, received the trophy for the advancement of oil Storage capacity on the New Silk Road.