OPEC Secretary General, Haitham Al Ghais, has criticised the International Energy Agency (IEA) for its recent statement, stating that it overly focuses on specific issues and unfairly blames the oil and gas industry for the climate crisis.
Al Ghais expressed concern about the IEA’s proposed framework, suggesting it could limit the choices of oil and gas-producing developing countries.
He argued that the IEA’s approach contradicts the Paris Agreement and may lead to reduced investment and harm the security of energy supplies.
Al Ghais defended technologies like carbon capture utilization and storage (CCUS), dismissed by the IEA, and highlighted the industry’s commitment to renewables and emissions reduction.
Al Ghais emphasized the complexity of energy challenges and the need for a collaborative approach to address emissions, energy security, access, and affordability.
He urged a focus on reducing emissions without favoring specific energy sources and stressed the importance of balancing economic growth, social well-being, and emissions reduction.
Al Ghais called for constructive dialogue, collaboration, and inclusive decision-making in addressing energy transition pathways and ensuring that all perspectives are considered. He highlighted the need for energy transitions to align with economic growth and social well-being while reducing emissions.
