The OPEC Secretary General sets Net Zero targets calling “separated from reality”

There is no peak in the horizon in global oil demand, which will receive trillions to meet this need in the future decades, the Secretary General Organization of oil exporters Tuesday said at an address Global energy show In calgary.

Hayitham Al-Ghais, falling over 120 million barrels per day, is projected to increase the initial energy demand for 120 million barrels per day, will increase by 24 percent.

At this time, this period will require $ 17.4 trillion.

“OPEC’s forecasts are not based on the ideology. They are based on data information and analysis, and they openly show the integral part of the energy mixture in 2050,” he said. Al-xis.

“Simply sheep, ladies and gentlemen, there is no peak in the oil demand on the horizon.”

Al-Ghais criticized the international energy agency for sending mixed signals in the industry in recent years – first of oil should be the foundation for global energy security, then the oil should have no oil in the zero scenario and then returned to the previous scene.

“If the bodies entrusted the global energy policy policy policy, they should not reverse the course for every two years, if they want to remain reliable and relevant.

Companies need confidence for long-term time projects and said that inadequate investment in the oil and gas industry is “a dangerous issue”.

“This violates energy security and market stability and affects manufacturers all over the world, but not only manufacturers, but also affects consumers and, of course, a larger global economy.”

Al-Qakhaba said OPEC received the climate change “very serious”, but the net was concerned about zero targets, called “in the end dates” and “allocated from reality.”

“We welcome the latest actions against policies based on pragmatic energy realities and say that we are facing an issue of energy sources and not related to energy sources,” he said.

The OPEC Secretary General said that the organization admires what he fulfilled as Alberta energy producer.

“As a result, Canada became the main global – and I stressed the word global oil supplier,” he said.

President of the Canadian Oil Manufacturers Association and the CEO of Lisa Baiton, the conference began to move around the conference to the idea that the “energy transition” did not continue.

“We see the energy requirement only exponentially,” he said.

“Updated ones are very large, but will be folded on the growth of ordinary oil and gas to meet global demand.”

Jon McKenzie, Canadian Oirlangs Giant Cenovus Energy Inc., said that journalists have more industrial investment in the conference, and the sectorists have difficulty, he said.

“It’s a really good job to be productive and beating back costs.”

& Consion Press 2025