World Oil
Summary
His Highness Shaikh Nasser bin Hamad Al Khalifa, His Majesty’s Representative for Humanitarian Works and Youth Affairs, Chairman of The Oil and Gas Holding Company B.S.C. (“nogaholding”) addressed the world’s energy leaders in a keynote speech at CERAWeek 2023 by S&P Global, where he spoke about the Kingdom of Bahrain’s energy transition and the future of global energy.
During the plenary session, titled “Accelerating the Energy Transition”, His Highness shared his outlook for the industry and set out the Kingdom of Bahrain’s efforts to directly invest in and accelerate the energy sector’s transition
“In order to meet our ambitious Net-Zero targets, we are accelerating our energy transition efforts. nogaholding is committed to working with the right partners across the public and private sectors to expedite our adoption of new technologies and infrastructure.”
The Kingdom of Bahrain plans to significantly increase domestic energy efficiency through new infrastructure requirements at both the consumer and commercial levels, including District Cooling for new developments.
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