Sultan Al Jaber: Continuing investment in oil and gas is a fundamental necessity to ensure energy security and sustainable economic growth

During his participation in the Energy Intelligence Forum, Sultan Al Jaber:

• It is not possible to immediately abandon the current energy system before developing and operating a new system.
• Hydrocarbon resources play a key role in providing practical and logical solutions to the transition in the energy sector.
• Market sentiment does not reflect true fundamentals, limited spare capacity and long-term demand growth.
• During the (COP27) and (COP28) climate conferences, we need a comprehensive approach that includes everyone and takes advantage of the experiences of the current energy system in order to ensure the desired transformation in the sector and promote economic growth and progress.