Oil and gas should be part of COP28 talks as they're still needed: Sultan Al Jaber

Abu Dhabi - The UAE's 2050 pledge was followed by similar commitments from Saudi Arabia and Bahrain to reach zero emissions by 2060

Discussions during COP28, to be held in the UAE in 2023, should include input from oil and gas experts because the world can't unplug suddenly from the current energy system, said Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (Adnoc).

"The UAE, Opec's third biggest producer, is hosting COP28 at a time when the country's top energy producer Abu Dhabi National Oil Co is seeking to boost its oil production capacity to five million b/d by 2030 from about four million b/d now. Adnoc says the world will need its oil because it is low-cost and low-carbon," S&P Global said in an article on Tuesday.

"We want to successfully transition to the energy system of tomorrow," Dr. Al Jaber, who is also the UAE's Special Envoy for Climate Change, told an Atlantic Council virtual event. "We can't simply unplug from the energy system of today and we can't do this with a flip of a switch. We need to include the energy experts in the consultations and in the discussions and we need to make economic systems work more efficiently with much less carbon."

"Officials in the UAE, the first country in the Middle East to make commitments toward zero carbon emissions by 2050, have argued that producing the least carbon intensive energy can go in parallel with lowering emissions and developing renewable energy and clean hydrogen," noted the article.

The UAE's 2050 pledge was followed by similar commitments from Saudi Arabia and Bahrain to reach zero emissions by 2060.

- Wam