Aramco chief says fossil fuels cannot be phased out until renewables can meet demand – The National

Aramco chief says fossil fuels cannot be phased out until renewables can meet demand – The National

Energy industry chiefs must work towards an orderly transition to renewables rather than follow the flawed plan currently in place, the chief executive of Saudi Aramco has said.

Speaking on the opening day of the Energy Intelligence Forum in London, Amin Nasser said if fossil fuels were phased out before enough forms of green energy were available, it would result in a gap opening up.

He said Aramco, the largest provider of crude oil to global markets, is committed to working with other companies to meet its net zero by 2050 goals, but called for a degree of realism.