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Reading: COP28-UAE energy minister: hydrocarbon investment necessary to avoid high prices during green transition
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UAE News Room > News > UAE > Energy > COP28-UAE energy minister: hydrocarbon investment necessary to avoid high prices during green transition
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COP28-UAE energy minister: hydrocarbon investment necessary to avoid high prices during green transition

UAE Newsroom
Last updated: 2023/12/04 at 1:11 PM
UAE Newsroom 2 years ago
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[1/2]United Arab Emirates’ Minister of Energy And Infrastructure Suhail Mohamed Al Mazrouei arrives at the OPEC headquarters for a meeting in Vienna, Austria, June 3, 2023. REUTERS/Leonhard Foeger/File photo Acquire Licensing Rights

DUBAI, Dec 4 (Reuters) – The United Arab Emirates energy minister said on Monday that investments in hydrocarbons were necessary to avoid a “high pricing environment” during the green transition.

“If that’s not done right, we will hinder the transition with higher commodity prices,” Suhail al-Mazrouei said at an event held on the sidelines of the COP28…



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