Qatar, UAE vitality ministers say fuel will likely be wanted for very long time

ABU DHABI, Jan 14 (Reuters) – The world will want pure fuel for a very long time and extra funding is required to make sure provide safety and reasonably priced costs throughout the international vitality transition, vitality ministers of Qatar and the United Arab Emirates stated on Saturday.

Saad al-Kaabi, Qatari state minister for vitality, advised the International Power Summit in Abu Dhabi that fuel “shouldn’t be a transition gasoline” however a vacation spot gasoline, including it was unfair for some within the West to say African international locations shouldn’t be drilling for oil and fuel.

UAE Power Minister Suhail al-Mazrouei, talking on the identical panel, agreed that “for a really very long time, fuel will likely be there” and that whereas extra renewable vitality could be put in, extra funding was wanted in fuel as a base load.

Reporting by Yousef Saba and Rachna Uppal; Writing by Ghaida Ghantous; Modifying by Tom Hogue

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