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Al-Badawi: Gulf aims to diversify energy exports
The Secretary-General of the Gulf Cooperation Council affirmed that energy security has gone beyond mere production to include ensuring the access and continuity of supplies amid current challenges. Gulf countries are working to diversify their energy export routes and supply chains to enhance the resilience of their energy systems and their readiness to face changes. They possess substantial reserves of oil (more than 518 billion barrels) and natural gas (over 44 trillion cubic meters). He praised the efforts of Gulf coordination to ensure the reliability of supplies and market stability, while continuing to adopt modern technologies and international regulations that require high levels of coordination to maintain the region's competitiveness in the global energy market.
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