VIDEO: CEO emphasizes the need for coexistence between conventional and unconventional energy sources
Amin Nasser speaks at World Economic Forum in Davos about the “next normal.”
Policymakers are going to have to admit to the fact that alternatives for the foreseeable future cannot shoulder the burden of delivering a reliable energy supply in the way that oil and gas does.
Aramco, for its part, is not sitting back and waiting for this realization to kick in.
Instead, we are getting with it, working to supply the world with reliable energy today while at the same time positioning ourselves to provide lower-carbon energy in the future.
We developing blue hydrogen capabilities and building one of the world’s largest carbon capture and storage hubs.
The only reliable and truly viable option is the co-existence of conventional and alternative energy sources.
We believe that will be the next normal.