Day: October 5, 2022

UAE Minister of Industry: The world needs large investments in hydrocarbon energy sources

UAE Minister of Industry: The world needs large investments in hydrocarbon energy sources

Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, UAE, said that ensuring energy security is an essential factor for the continuity of sustainable economic and social growth and for making progress in climate action. Al-Jaber added, at the Energy Intelligence forum, held in London, today, Wednesday, that market sentiment does not reflect the real main foundations, limited spare capacity and long-term demand growth, and confirms the futility of policies calling for the immediate abandonment of the current energy system before developing and operating it. A new system," explaining that the world needs large investments in hydrocarbon energy…
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