How Gulf Arab states are getting to grips with the energy transition challenge

DUBAI: Even before the Ukraine war began, one thing became clear quickly — that demand for conventional energy was not going away. Now, with Brent crude hovering around $107 per barrel and natural gas costing $6.95 per MMBtu amid heightened risks of supply disruptions, the impending fiscal windfall gives the Gulf Arab states extra resources to accelerate their transformation into “green economies.”

READ MORE : https://www.arabnews.com/node/2069756/middle-east