Balancing act: how the Middle East navigates energy transition and security

In an exclusive studio interview with Energy Connects at World Utilities Congress 2024, Aditya Saraswat, SVP and Head of Research at Rystad Energy, highlighted that in a shifting global energy landscape, the Middle East stands out with a unique approach as the region focuses on maintaining energy security while advancing renewable initiatives. Saraswat emphasised the region's pragmatic stance, balancing traditional oil and gas investments with growing commitments to sustainable energy sources. He noted that while global trends lean towards rapid decarbonisation, the Middle East is carefully ensuring energy stability for both domestic needs and global supply. This strategy is positioning the region as a pivotal player in the world's evolving energy mix.