RIYADH: The premature abandonment of traditional energy sources threatens energy security, leading to expenditure challenges, according to a top official of Saudi Arabian Oil Co.
Saudi Aramco Chairman Yasir Al-Rumayyan emphasized in an interview with Japan’s Nikkei on Thursday that the early phase-out of conventional sources has created cost-related challenges, as witnessed in the recent energy crisis.
He said in the interview that bridging the gap between unrealistic goals through data will be necessary to drive the global economy toward carbon neutrality.
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