Bahrain’s focus on energy investment to accelerate energy transition, HH Shaikh Nasser

Bahrain’s focus on energy investment to accelerate energy transition, HH Shaikh Nasser

Houston, Texas: Mahmood Rafique, Editor: Energy security, national resource monetization and moving towards more sustainable sources of energy are vital pillars of the Kingdom of Bahrain’s energy transition and the future of global energy.

His Highness Shaikh Nasser bin Hamad Al Khalifa His Majesty’s Representative for Humanitarian Works and Youth Affairs, Chairman of the Oil and Gas Holding Company (nogaholding) said the Kingdom would remain committed to decarbonization and renewables feature significantly by 2040.

Addressing the global energy leaders in a keynote speech at CERAWeek 2023 by S&P Global His Highness spoke about the Kingdom of Bahrain’s energy transition and the future of global energy.

During the plenary session, titled “Accelerating the Energy Transition,” His Highness shared his outlook for the industry and set out the Kingdom of Bahrain’s efforts to directly invest in and accelerate the energy sector’s transition.

The ambitious plans outlined by His Highness align with the vision of His Majesty King Hamad bin Isa Al Khalifa and His Royal Highness the Crown Prince and Prime Minister, Prince Salman bin Hamad Al Khalifa to secure the Kingdom of Bahrain’s energy needs for decades to come and achieve the nation’s COP26 and Net-Zero targets.

To achieve these targets His Highness