SINGAPORE (Oct 21): The president and chief executive officer of Saudi Aramco said Asia’s priorities, like that of the Global South, are being ignored by the developed markets, as they push ahead with the energy transition. 

This is despite Asia accounting for “almost half” the world’s gross domestic product as well as half the world's population, said Amin Nasser, the head of Saudi Arabia’s state-owned oil giant.

“This year alone, Asia is likely to contribute roughly 60% of the global economy growth, and Asia consumes more than half of global energy supplies. Crucially, 84% of the consumption is still supplied by conventional energy. In short, Asia is vital to the global economy, our shared climate ambition, and the hopes and dreams of billions of people...(click here for the full story on theedgesingapore.com).