Rosneft CEO calls for balanced energy transition to address global needs

Chief Executive Officer of Russia’s state-owned oil firm, Rosneft, Igor Sechin, has delivered a speech at the Energy Panel of the 27th St. Petersburg International Economic Forum paying special attention to the energy transition. “Despite huge investments made over the past decades, alternative energy sources have not led to the displacement of fossil fuels from the energy market and failed to occupy a significant share in the global market. At the same time, there is an imbalance in the energy market, which is caused by irresponsible and aggressive policies of the Western countries,” he said. According to the Rosneft CEO,The post Rosneft CEO calls for balanced energy transition to address global needs appeared first on Guardian Nigeria News.

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