The Abu Dhabi National Oil Company (ADNOC) plans to increase its production capacity to 3.5 million barrels per day (b/d), the CEO of ADNOC, Sultan El Jaber, said, according to Reuters.

The company is also looking to boost the capacity of its refining sector by 60%, he said.

El Jaber’s remarks were made at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) hosted by ADNOC.