Egypt Independent

Demand for oil and gas will continue despite decarbonization: Saudi energy minister



Demand for oil and gas will continue over the long term despite a shift toward sources of decarbonized energy, Saudi Arabia’s Minister of Energy, Mining & Mineral Resources, Khalid Al-Falih, said on Thursday.

“The world is moving to decarbonised energy but oil and gas will continue for as long as many of us will live,” he told a conference in London. He said executives attending the event should “like it and accept it and work with it.”