BAKU, Azerbaijan, Feb.7
By Leman Zeynalova – Trend:
Oil and gas industry can help unlock low carbon future, Mohammad Sanusi Barkindo, Secretary General of OPEC, said in an exclusive interview with Trend.
“We need to be clear that building a low carbon future has many paths. It is not just one path for all, whether that be a country or an industry. There is no-one size fits all pathway. We need to take an all-options approach, an all-solutions approach, and an all-technologies approach. The oil and gas industries are part of the solution; they possess vital resources and expertise that can help unlock a low carbon future. OPEC supports innovation and technological advancement, and the need to look for clean and more efficient technological solutions everywhere, across all available energies,” he said.
Barkindo said OPEC agrees with the science and is a believer that solutions can be found in technologies, such as Carbon Capture Utilization and Storage (CCUS), hydrogen and others, as well in energy efficiency measures and the promotion of the Circular Carbon Economy (CCE).
“It is also vital to understand that the future energy transition has many moving parts and needs to be driven by the science, facts and hard data. It is about fairness, inclusivity and mutual benefit. We need to ensure energy is affordable for all; we need to transition to a more inclusive, fair and equitable world in which every person has access to energy as referenced in UN Sustainable Development Goal 7; and we need to reduce emissions. Oil has a role to play in each part,” added OPEC secretary general.
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