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- H.E. Mohammad Sanusi Barkindo
Even as ESG pressures have driven many oil and gas companies to diversify away from hydrocarbons, demand for oil and gas is increasing. Presumptive underinvestment has led to near-term and anticipated future oil and gas supply shortages and market volatility. What will be the source of investment and production that will help sustain global economic growth? Do OPEC countries have the spare capacity to respond to market demand? Can US oil and gas companies meet investor demands for increased returns and still increase production? Can the oil and gas industry employ its engineering and technology capacity and ability to execute at scale to accelerate emissions reductions? Can oil and gas be the financial driver for energy and economic diversification?