According to Saudi Aramco’s CEO, energy supply to China will be prioritized for the next 50 years.

As new and existing energy sources operate in parallel for some time, Saudi Aramco CEO Amin Nasser told the China Development Forum on Sunday that China’s energy security will remain a top priority for the next 50 years and beyond. Aramco is well-positioned to help China accomplish its second centennial goal in the energy transition, according to Nasser, in addition to being a top provider of China’s energy needs. “In fact, we have even bolder ambitions to expand and intensify our research collaboration with China,” Nasser said, adding that additional collaboration is likely on so-called blue hydrogen, ammonia and carbon-capture technologies among others.

Source: Reuters

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