Saudi Aramco Chairman Yasir Al-Rumayyan, in an interview with Japan’s Nikkei, highlights challenges arising from premature transition away from traditional energy, citing recent cost-related issues in the energy crisis.
Al-Rumayyan stresses the need for data-driven approaches to meet global carbon neutrality goals and emphasizes the continued demand for diverse energy sources.
He underscores the importance of investing in both traditional and alternative energy to ensure an organized transition without compromising economic prosperity and energy security.
Additionally, Al-Rumayyan reaffirms Saudi Arabia’s commitment to Vision 2030, noting comprehensive economic, political, and social changes, and outlines Saudi Aramco’s initiatives, such as the In-Kingdom Total Value Add program, aimed at enhancing the local manufacturing sector.