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Home Dinar Guru Updates Iraq

Iraqi Oil Minister: Fossil fuels will remain the main source of energy in the world

December 12, 2023
in Iraq
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Shafaq News/ Deputy Prime Minister for Energy Affairs and Iraqi Oil Minister Hayyan Abdul-Ghani, today, Tuesday, defended the production of fossil fuels in response to the recent demands and calls to limit it and even dispense with it, which were issued by the “COP28” climate conference held in Dubai in UAE.

This came during his chairmanship of the second ministerial session on energy, environment and sustainable development within the activities of the 12th Arab Energy Conference.

Abdul Ghani said in a speech in which he opened the session that fossil fuels will remain the main source of energy in the whole world, stressing the necessity of preserving oil as a strategic commodity for producing countries because their economies depend on oil energy sources as a major resource.

He pointed to the importance of the traditional energy sector and energy transformations in the Arab countries and their various paths, including the transition to renewable energy sources, improving energy efficiency, and the common Arab market for electricity and green hydrogen.

Abdul Ghani added that Arab countries produce oil, but thermal emissions come from industrialized countries that use this oil, and they must increase the efficiency of their equipment to benefit from this energy to reduce harmful emissions.

He continued by saying that we are all working to promote and support renewable and clean energy sources and projects, and our projects on the ground confirm this.

shafaq.com

Tags: energyfossilfuelsiraqiraqimainministeroilremainsourcethewillworld
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