GCC Secretary-General: Member reserves over 518B barrels
The article includes statements from the Secretary-General of the Gulf Cooperation Council, Jassim Mohammed al-Budaiwi, regarding the GCC countries' substantial oil and gas reserves. Their oil reserves exceed 518 billion barrels, while gas reserves surpass 44 trillion cubic meters. He also emphasized the importance of enhancing energy supply security and stability through diversifying outlets and supply chains, with GCC countries committed to facing the challenges and changes in the energy sector. He highlighted the significance of Gulf coordination and ensuring sustainable investment in modern technologies to guarantee that the Gulf energy system remains prepared to respond to global changes.
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