Investments in oil, gas must continue to meet demand: Nasser

Saudi Aramco President and CEO Amin Nasser said that investments in oil and gas must continue to meet demand.

If investments in the sector do not continue, it will lose between five and seven million barrels per day of oil annually, Reuters reported, citing Nasser.

He added that global demand for oil is expected to reach 103 million barrels per day in the second half of 2023.

Aramco chief also pointed towards the need to focus on cutting emissions from hydrocarbons during the upcoming United Nations COP28 climate conference

Source : Argaam