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Saudi oil transition to take decades says minister
2016-06-02 13:33:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Home: Don`t expect a rapid Saudi decarbonisation as oil demand will remain high, Khalid al-Falih tells reporters at OPEC meeting Saudi Arabia could grow its oil production capacity if global demand rises, the Kingdoms oil chief said on the sidelines of a meeting of oil producing nations in Vienna. We are investing in capacity that would offset decline, the newly appointed Khalid al-Falih told Argus Media. We could build incremental capacity in the future, as global demand continues to grow....
Tags: oil
minister
transition
decades
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