Alternative energy sources not yet keeping pace with demand, says top Saudi Aramco exec

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Mr Mohammed Al Qahtani said state-owned Saudi Aramco remains committed to growing its business in Asia.

PHOTO: SAUDI ARAMCO

SINGAPORE - The ongoing global energy crisis shows that alternative sources are not yet ready to shoulder the heavy burden of meeting rising demand, especially in high-growth regions like Asia, a top Saudi Aramco executive says.
Mr Mohammed Al Qahtani, senior vice-president of Saudi Aramco's global downstream business, said continued investment in the oil and gas sector and in new and conventional energy solutions will be critical to ensure an orderly energy transition.
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