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March 24, 2024
15:39 pm
OPEC Secretary General: Oil is the backbone of life and calls to abandon it are false and unrealistic
The Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), Haitham Al-Ghais, said: “The calls calling for abandoning oil are false and unrealistic,” stressing that “oil is without exaggeration the backbone of modern life, as it constitutes about 31% of the global energy mix.”
Al-Ghais expected, in an interview with Kuwait News Agency (KUNA), on Sunday, that “oil will continue to play an important and vital role in global energy markets for years and decades to come.”
He said, “It is not an easy matter to dispense with it,” pointing out, “The extreme importance of oil in the lives of all people without exception, as oil and its derivatives are used in many vital daily activities carried out by people regardless of their places, nationalities, jobs, and interests, most notably transportation, travel, energy generation, and industry.” And others.
He explained, “The factors of the abundance of oil, the ease of extracting, refining and transporting it, and its availability at reasonable prices have crystallized the important role of oil since its discovery several decades ago, until it has become a major element on which the global economy is based, and it has become an integral part of our daily lives on which we depend because its supplies are guaranteed and its production continues.”
Give up the oil
He said: “There have been many voices in recent years calling for the abandonment of oil under the pretext of preserving the environment,” warning of the serious risks that the world could suffer if oil production stops or its use is halted.
Al-Ghais stated, “Addressing calls to abandon oil comes as part of OPEC’s ongoing awareness efforts, which also include producing graphic materials and publications in different languages such as English, Arabic, German, Spanish, French, Persian, and others, with the aim of raising the level of awareness and understanding in all countries.” around the world about the importance of oil and the seriousness of these demands and calls.
Effect of disappearing oil
Among the most prominent sectors that will be affected by the disappearance of oil, Al-Ghais said: The impact will extend to include means of transportation, whether air, sea or land, emergency vehicles such as ambulances, food production, packaging and storage, in addition to medicines, hospital equipment and medical supplies.
He added, “The negative impact of the disappearance of oil will affect renewable energy sources, such as the manufacture of wind turbines and solar panels, because their production is linked to petroleum products and lithium-ion batteries for electric cars, in addition to the inability to produce hygiene materials such as soap and toothpaste.”
Al-Ghais continued: “The disappearance of oil will have catastrophic repercussions, such as millions losing their jobs and curbing industrial production in the world and global economic growth. It will also exacerbate the crisis of energy poverty in many countries around the world at a time when millions lack the most basic electrical needs, such as lighting.”
He added, “Approximately 2.3 billion people suffer from the lack of appropriate equipment and fuel for cooking, and these are all important matters in people’s lives that oil provides as a source of energy.” He called for encouraging, investing in and developing the oil industry while paying attention to environmental standards, stressing that this is OPEC’s message. for the world.
He explained, “In the midst of continuing calls aimed at abandoning oil, OPEC regularly makes various efforts to defeat these dangerous campaigns by adopting an objective, practical, and comprehensive approach for all parties.”
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