How Gulf Arab states are getting to grips with the energy transition challenge

DUBAI: Even before the Ukraine war began, one thing became clear quickly — that demand for conventional energy was not going away. Now, with Brent crude hovering around $107 per barrel and natural gas costing $6.95 per MMBtu amid heightened risks of supply disruptions, the impending fiscal windfall gives the Gulf Arab states extra resources to accelerate their transformation into “green economies.”



READ MORE : https://www.arabnews.com/node/2069756/middle-east

Comments

Popular posts from this blog

Russia-Ukraine live news: Moscow’s forces strike major fuel depot

Russia inflames political war over gas prices, oil drilling

Court convicts private company, its directors in coal scam case