Investment needs to focus on the lowest-cost, lowest-carbon oil and gas resources, said the United Arab Emirates Industry Minister, Sultan al-Jaber, at the Munich Security Conference.
“For our collective security, the world will need to continue using all energy options for a long time,” he was quoted as saying according to the state news agency (WAM).
“We should acknowledge that the energy transition is exactly that: a transition, and transitions take time,” said al-Jaber, who is also the Abu Dhabi National Oil Company (ADNOC) chief executive officer and UAE special envoy for climate….
