Navigating Geopolitical Dynamics: Implications for the Energy Transition
[Music]
the next 45 minutes will be very
interesting because we’ve got a very
relevant and topical subject to discuss
with a very distinguished panel over
here so without further Ado I’m going to
start but just an announcement at the
start that one of the speakers is going
to be speaking in Mandarin so if anyone
wants uh to uh the interpretation here
the interpretation the headsets are on
the chairs you can use that during the
course of this
discussion now navigating geopolitical
Dynamics the
implications of the energy transition
the United Nations has already set that
the climate crisis is not a threat
anymore it’s a ongo disaster we already
have ample examples around us whether
it’s unprecedented floodings in
different parts of the world we saw one
just in neighboring the United Arab
Emirates a few weeks ago where there was
unprecedented rains and floodings there
have been record-breaking heat waves
wildfires all pointing towards the
severe situation as far as the climate
crisis goes the focus has been on energy
transition in fact in this region we had
cop 28 not too long ago where some
important decisions were made but the
fact is that in this ever fast evolving
geopolitical Dynamics how easy is it to
implement those changes the fact that
geopolitics plays a very important role
in influencing energy markets energy
security the pricing and the pricing
mechanisms so to understand about all
that and more I have a very
distinguished panel as I was saying
earlier let me quickly introduce
uh the panel Mr Ahmed Minister Ahmed Al
who’s the Minister of Foreign Affairs
from Algeria we have Minister Henkin Lo
Puri who’s the minister of state and
petroleum resources of Nigeria Rafael
giddis who’s a senior fellow for Brazil
Center for international relations last
but not the least Mr heang who’s the
wise administrator for National energy
Administration from peoples’s Republic
of China so gentlemen ladies and
gentlemen just get started I’ll start
with you Minister Ahmed
at in this kind of a scenario where
there is a a severe crisis on your hands
as far as clim climate the climate
situation goes the climate crisis and
then you have this ever evolving
geopolitical scenario whether it’s the
conflicts which we saw with Ukraine and
Russia last year which had an immediate
impact on oil prices which shot up
breaching the $100 Mark or even the re
the ongoing conflict in the region in
Gaza with with we have
seen oil prices fluctuating how do
countries navigate these
geopolitical problems at the same time
ensuring that there is energy security
and the prices are
accessible I believe that uh we should
first identify
the geopolitical new geopolitical
Dynamics we are talking about if we go
back to the last three
decades we have been focusing on four or
five
main Concepts globalization in
interdependence regulation of the use of
force peace
dividends and this has completely
changed during the last two years two
years and and the
and we have moved from this Concepts to
embrace new
ones
confrontation deregulation of the use of
force paralysis of the
International
System paralysis of the United Nations
and its central body the uh sec Security
Council so we are dealing with with a
completely new
environment and we when you talk
about my country I think that
we are located in the region that is
concentrating all these new phenomenons
that have I have referred to we have of
course the
conflict in Ukraine that is impacting
our region we have
the Palestinian Israeli conflict that is
also impacting our region and we have
the sahal
region and we are also feeling the
impact of the deteriorating situation in
this region on the Euro Mediterranean
area and the president of n neria this
morning referred specifically to this
issue so as far as Algeria is concerned
we have when we talk about energy we
have tried to be a
reliable
trustworthy partner in our region and we
have established very complex network of
Co
cooperation uh with our partners in in
the in the region and
this the buildup of this new complex
network of cooperation in our area has
gone very
sophisticated and I believe that this
was not done at the cost of our
commitments
to the uh Al
alleviating the uh of the effects on uh
our environment and I believe that we
will be going in more depth on this
issue to talk about the Strategic
relationship that we have built in our
region minister L bgri to get you in on
and drawing in what what uh Mr ATA was
saying that it is the geopolitical
situation has completely changed in the
last two years there are new challenges
that have been thrown up and this comes
at a time when the world is grappling
with a climate crisis and there is this
pressure on the global community and
Nations for this energy transition to
speed that up how difficult is it for
you as someone who’s a oil producing
Nation as well also in a continent where
there are conflicts and issues how do
you balance that at the same time ensure
that the energy transition pathway you
do not deviate from that well thank you
very much for the opportunity you know
to be part of this panel but let me you
know start by saying that um when talk
about energy you know um security to
those from the
north it means you know comfort for them
but for those of us in Africa it’s an
existential problem
and it
is something that the world actually
hasn’t looked at these emissions you
know that of course the climate problem
we have today didn’t happen overnight at
the African level we have been talking
among ourselves and you know saying that
look for the past 100 150 years those
from the north have used you know fossil
foil to industrialize and today they’re
talking about sustaining the comfort
that they have been able to achieve
using fil fil over you know this long
period of time but for us in Africa we
are still at a stage where we have even
started we have like for for instance in
Nigeria we have um 37 billion barrel of
you know proven crude oil we have 207
trillion cubic feet of gas are you going
to say that we should abandon those
resources it will be very difficult to
do so and let me also you know say that
the world should also be thinking about
solutions to the you know to the
emissions already in the planet we’re
talking about preventing future emission
what about the ones are already in the
planet records are showing that you know
over the past uh 100 100 years plus you
know those from the north
substantially has caused em mission of
about 20 you know
2500
gatons into the
planet and if we focus our energy on
technology that will capture this
emission even if we take 20% of it the
world will have some peace instead of
you know campaigning for you know uh uh
energy transition at a pace that would
not be acceptable to Africans and so
from the African perspective we believe
that we have to use our resources first
of all you know to ensure that we have
substantial energy security before we
talk about transition we cannot also
Transit at the same
point we can’t Transit at the same Pace
you can recall that if you look at the
global emissions Africa contri only
about 3% the rest came from the West
instead of campaigning you know for p
to be given the
countries if they want to stop forif
production why do they use a substantial
part of that money on you know doing
research to involve Technologies on
carbon capture if they’re able to do so
I believe that you’ll be able to get a
technology that capture even a small
percentage of it and the world will be
safer for it but for Africa I believe
that energy security is an existential
problem we cannot Transit at the same
point we are victims and I think that
the world should look at it from that
perspect perspective Rafael if I can get
you in over there and you know you you
you look at the big picture across
across different continents and we just
saw what the minister said about the
situation in Africa but the factors
bringing back the focus on specifically
the geopolitics Dynamics we have seen
massive events that have taken place
geopolitically and they’ve had a direct
impact on energy security energy pricing
and also throwing questions about
whether which the minister is also
referring to the energy transition
plan the speed at which it it has been
set at is it realistic or achievable in
that sense has this added a new
dimension to this whole energy
transition and leads to questions about
whether the initial targets that have
been set out could be complicated
because of what we are seeing globally
right
now well I’ll start with the thank you
for the questions thank you for being
here with I think a diverse panel in
terms of different regions which makes
it really
in terms of discussing and understanding
that differently from other other times
and where we were all focusing in One
Direction the energy
transition um makes us have to
understand that we are speaking of
something that isn’t uh one silver
bullet and it’s going to be different
realities have to be tackled with a
different set of of tools so um and and
it’s important we in Brazil we have been
speaking a lot about a Just Energy
transition that yes brings this
different Dynamics um brings the dynamic
that we have to that we have to really
try to bond together clean energy but it
has to be affordable and it has to be
cost affordable and accessible to all so
in countries like in Africa we will have
several people that have still problem
with um with cooking uh with clean
energy um in Brazil we have the Amazon
region where we don’t have people that’s
that’s still isolated and do not have
access to electricity so um China has
been done an excellent job and and
although their their carbon neutrality
is for 20160 they have been really doing
amazing things in terms of solar panels
and Technologies and and and this has to
everything has to to really be
acknowledged so from this point of view
I think that we we must understand that
we still need security
and it we need still need
affordability and for each country we’ll
have to understand what is the perfect
mix to make this feasible so from a
Brazilian perspective Latin American
perspective we we we understand that we
still have we still produce fossil
however we have a very clean Matrix um
and we and we are able at the same time
to start to understand um what are theic
diversification of energies that we can
bring along what are the investments in
energy storage and energy C in in carbon
capture um what what could we be doing
in terms of grid modernization this is a
reality that will be tackled and must be
tackled for everybody all over the the
world then the Regulatory and the policy
supports that each country will need and
this is different region to region but
most importantly before ending here um I
think that although we are in a
polarized moment it’s very important for
us to even more bond together understand
um each one’s perspectives and how can
we cooperate how can one come together
with the other and Brazil’s reality may
may be something that can Inspire Africa
in some places in some discussions um
bonding together with China in other
discussions and with Nigeria and and
different parts of the world so this
could really um accelerate the
discussion and and less polarization you
Mr Yang bringing you in here China is of
course when it comes to the energy
markets is the largest consumer of oil
in the world and you have to constantly
do this Balancing Act for example a few
years ago you had sanctions against Iran
where the United States was asking
countries not to buy oil from Iran you
were customers for them India was two of
the biggest markets I’m giving you just
one example how do you balance these GE
geopolitical d dynamics that keep
evolving now those restrictions are not
there anymore Iran is supplying oil to
the markets uh however a lot of it is is
still in unofficial capacity but
nevertheless it’s reaching the markets
so how is China balancing that while
it’s also trying to do this massive
energy
transition thank you very much uh for
your question which is a very good
question uh but before answering the
question I would like to
congratulate Saudi Arabia for organizing
this special meeting of world economic
Forum which shows the original
leadership of Saudi
Arabia as the
geopolitical issues I’m not an expert
like Mr Minister of Foreign Affairs but
I would uh like to share that from the
perspective of energy uh the
impacts uh that the energy industry has
faced one of the first impacts is that
the energy Supply security H is facing
quite many
uncertainties energy price is
high based on our Brenton pricing in
April uh the price is almost 90 us which
is quite relatively High uh according to
the historical
record and
the other price
for uh critical mineral is also
increasing so we are facing this
increase in Energy prices which brings a
negative impact to our economic recovery
worldwide it also curbs the
investment in energy
transition the second impact we have
noticed is the polarization and the
trade
protectionism some
countries are using governmental
subsidy or the reason of over
productivity over capacity to limit the
international trade by using uh tariff
barriers as you have mentioned China is
the largest new energy consuming Market
China has quite many new energy
production companies in solar
panel energy and uh uh wind
energy so these fast development in
technology uh continues to bring down
the production cost it is not a result
of governmental
subsidy I would like to share one number
with you in China we have thousands of
battery
producers fully com fully free com
competition on the market which brings
down
the price for
battery if we take the fact as a result
of trade protectional ISM or
polarization and that will then hinder
the uh World Trans Energy transition by
limiting its development the third
impact is the
enlarging
Gap in terms of energy China is a big
country uh the guests here with me today
are all coming from the developing
countries we all need technology and
financing
support however in the past years or
decades we have noticed that our
investment to the developing countries
is not enough in terms of financing and
technology so the answer to this
problem lies exactly in the main theme
of this special meeting
first we need to strengthen the
international trading in order to
guarantee the Equitable and Prejudice
free free trade across borders and
secondly we must continue to increase
our International cooperation for
energy we are advocating to set up a
highlevel platform around the globe in
order to
to uh coordinate for Global policy and
to encourage global
technology uh
Innovation last but not least uh we need
the developed countries to deliver their
commitments from the Paris agreement to
support to the developing countries
thank
you Yang about uh a couple of
interesting points especially about the
Gap in terms of Vel oping countries and
developed countries and of course you
touched upon trade and protectionism
which may not be uh you know something
equal to a conflict but again it’s part
of the geopolitical Dynamics as as it
plays out globally between the United
States and China I want to bring in
Minister uh arur again into this what we
are seeing globally now is this call
that fossil fuels need to be phased out
and according to the International
Energy a agcy they want a quarter of
fossil fuel that has been consumed now
to drop by a quarter per by 25% in order
to make a meaningful impact now this is
going to have implications on oil
producing states whether it’s Nigeria
Gulf countries uh North Africa how do
you see this impacting the geopolitical
Dynamics because eventually this will
lead to the Dynamics within OPEC and
other oil producing groups changing
where some countries might end up having
a larger market share is that a concern
for oil producing countries and that how
it could play out
geopolitically let me uh first of all
follow up on what the minister of state
of Nigeria has said yeah and I will
start with some examples from my own
region
recently as you know in
Niger important
oil discoveries have been
made in morania and
Sagal the third
largest oil gas has been discovered and
these three
countries have gone from the era of
using
wood destroying
their
Forest using biomass and and for the
first time in their National histories
they have they are going through an era
of availability of gas and oil that they
use to to pay or not pay because they
did not have the
resources what shall we tell them they
are asking my country in Niger and in
morania for help because we have an
experience in the area of oil and gas
they are asking for cooperation in this
area what what shall we tell them that
look there are the
international commitments agreements
that
sorry you have come too late we cannot
help you and you should and you must
abide by the new
rules so
we are balancing all that and we are
trying to
reconcile our
duties and international
responsibilities with the need for
fairness foreign
inclusiveness towards these countries
that have emerged in the area of oil and
gas and we should
not just tell
we are
sorry so Minister I if I may add on that
followup you think by denying them that
opportunity that creates an a potential
conflict or a fault line in the region
absolutely I mean I I believe sincerely
but with this new
tools and I’m talking about important
oil discoveries in Nan and important gas
discoveries in morania and Sagal this
will help give a new impetus to the to
their National development and when you
talk about new possibilities for a new
momentum to National
development you will be fighting
directly or indirectly in this area of
the Sahel the president of Nigeria was
talking about uh so wisely this morning
you will be you will be contributing to
fighting terrorism in the
Area International crime in the area
illegal immigration in the area those
are tools that can be so you you have
and you must include all these
parameters in the definition of your
Global position on oil and
gas and on the global transition to a
new
system of energy so this is what I
wanted to say and second on the
completely on the other side let me say
we are a Mediterranean
country we are G producing
country we are asked by our partners in
Europe more and more to deliver
additional quantities of
gas all over
Europe from many many countries how are
we supposed to do that increasing our
exports the field of gas and I’m telling
you about not one or two or three
countries that are many European
countries asking for additional uh
supplies so we have also to reconcile
this requirement with our Global
position on environment
I’m sorry I’ve I’ve been very no that’s
a valid point you raised and I want to
get in Minister uh pogri on this do you
agree with what the minister just said
about if the whole process of this
transition is not done in a just way
like for example the the example he gave
about some countries discovering now a
potential but denying that opportunity
is that a concern for Nigeria as well
because for you oil production is of
course a key contributed to your economy
and if that is taken away it could
create other problems within the region
and
internally yes I I agree with him
completely you
know for Nigeria you know it’s projected
that Nigeria will be perhaps the third
largest country in the world you know
after China and India you know by the
year
2050 if you know you
say you stop Nigeria from um
using the resources you know that God
has given to us by of oil and gas which
accounts for about 90% of a
Forex then the world
itself will experience a new you know
uh I’m sorry the world itself will
experience a new you know dimension in
terms of insecurity globally and it is
important that you know in this you know
um era of energy transition we must
transit in a just
way that every country will be carried
along there’s no way you will tell me
that Europe is uh demanding for
additional gas from
Algeria Aleria had a duty both
economically and humanitarian grounds to
also Supply
Europe and you know the what is more
worrisome to us in Africa is that is
there any any country that is there any
country that actually slowing
down in this area of oil oil and gas
production in this area of transition is
there any country that is slowing down
in terms of fil foil production America
is the highest producer fil foil today
both gas and oil they are the highest
producers Britain just gave about 100
licenses sometime last year for new
Explorations in the nor Norway is
ramping up no country is slowing down
the only countries that are asked to
stop and perhaps slow down are the
countries in Africa and why are they
doing because we have limited access to
Forex we have limited access to
capex and so at the African level I
think that we need to also come together
so that we can find a common solution
within African continent to solve our
problems we need to be looking at some
homegrown you know solution to our own
problems because if UK can give new
licenses for exploration in the North
Sea or fil they all sincere is this
issue of energy un know transition but
as a continent our governments have
signed up to the Paris agreement but
what we’re saying is that we should we
should be allowed to Transit at our own
base we can’t Transit at the same time
we are
victims from records emissions from
Africa were only about 3% so we’re
actually victims but those who have
contributed the other 97% are still
increasing in production and they have
access to Capital to expand their
Investments and because historically
most of the investments in Africa have
come from the West if you come to
Nigeria the big oil companies are all
from the West the exom mobiles the
Chevrons the total the shell all are
from the West these are the companies
that can actually attract huge capital
investment you know to the
continent but the point must be made
that for the energy transition to be
successful no country should be left
behind and if you don’t not allow some
of these countries to explore these
resources in a more you know sustainable
way and then that could give rise to new
geopolitical you know insecurity
problems across the globe Mr Yang to
bring you in and I’m I’m sure you heard
the points made by both the
ministers as someone who’s on the who’s
actually been on the Forefront as far as
the energy transition goes in terms of
technology and other Industries how do
you view this as a consumer some of the
points raised that if it’s not done in a
just way this transition it could create
new problems in different parts of the
world China is highly invested in Africa
for example uh how do you view this
problem of global transition and not
being done in a just
way uh thanks uh for the question from
the moderator for the energy
transitioning it is uh
long and a bit painful process
especially for developing countries R
because the energy transitioning we need
to deal with the uh relationship between
transitioning and development and the
transitioning and uh um security
especially so for developing countries
for China as a developing country we are
able to do lots of things I’m just
citing some figures uh to share with you
what China has done in energy
transitioning when that uh by
2023 China’s renewable energy installed
capacity has amounted
to
1,500
gwatt accounting 40% of the total Global
installed capacity and 2023 the uh new
solar and wind installed
capacity is um 510
gwatt among which China accounted for
half of these new installed capacity of
solar and wind another facts and figure
EV has been developing at a very rapid
Pace in China out of every three
vehicles uh sold in China one of the
three is electric vehicle and this
percentage is also picking up as we
speak so as a developing country how can
we fasten the pace of the energy
transitioning I believe that it requires
us to have a top tier design China has
made the commitment of these uh 2030
carbon peing and 2060 carbon neutrality
goal once China has announced these goal
Chinese government has also developed
the overall plan to reach these two
goals and also for the uh oil and gas
and the building and transportation of
the relevant uh
sectors also have developed their own
carbon peaking and carbon neutrality
plans under these top tier design um
road map oh the corporates and also
residents they are implementing these uh
plans to make sure that the carbon
peaking and the carbon neutrality could
be reached just now the moderate also
mentioned the technology the role of
technology in the um energy
transitioning I believe technology plays
a very important role in China we
encourage the energy
companies to invest more of their
profits in the
R&D continue to develop new
products because for example in China
the uh solar power generation in China
is uh um world ranking and
recently we also have offshore wind uh
um Power generating um which is uh the
16 gwatt single blade is more as long as
more than 100 m energy
storage also has been developed in China
to a very sophisticated level with many
options uh technology is important which
calls for international uh collaboration
and coroporation China has set up more
than this cooperation with more than 100
countries uh such as Brazil and Nigeria
we are also um promoting the uh belt and
the road initiative uh to um intensify
this energy cooperation including in
Brazil we have this uh Mega uh Power
transmission project in Nigeria we also
have a clean energy project we also have
uh energy project in Saudi Arabia I
believe that uh with these uh
International projects with these
International corporations uh we need to
have uh a open and also just environment
to carry out these project so that we
can work together on technological
development and to promote the progress
of the renewable energy to fasten our
Pace together in the energy
transitioning and also to address issues
we have countered in the energy
transitioning to avoid the mistakes
others have made so I think that uh
developed uh countries and the
developing countries we have to do it
together quickly on this uh we don’t
have much time left but one other aspect
which I want to touch quickly upon is
that as this energy transition happens
there will be demand for critical
minerals now the concern on that front
is that with demand for these minerals
going up in the years to come the
concentration of these minerals is in a
very few countries which could again
lead to an imbalance which in turn could
read uh lead to more conflict tension uh
and you know the Dynamics geopolitically
changing how big a concern is that
that’s a huge concern this is something
that um leading um uh energetic pro
project in in Brazil I I’ve been
studying this and and we we should be
concerned because at the same time that
we say that we should diminish oil
production or should it be tackling uh
increase in in in in solar and wind um
and all of this we will need for all of
these like batteries turbines solar
panels we will need these critical
minerals so for instance from a
Brazilian perspective but I’m sure this
is a reality for for Africa and other
places but we do have a diverse mineral
Reserve portfolio this can be done in a
sustainable way so this while we are
advancing in the transition and as I
think that this is a a message that has
been um leverag throughout this panel is
that it’s a transition so while we we
continue to um produce this oil at the
same time we should be looking at what’s
coming next and what is the what is all
the the supply chain that we will need
so critical minerals are important for
and and we should be looking so from a
Brazilian perspective Latin America in
in general broad um we have this diverse
mineral reserves um we can expand mining
capacity sustainable mining practices
should be we are starting to tackle that
more and more this discussion um the
regulatory framework to to to be able to
to produce this in a sustainable way and
therefore not only delivering our
capability but being also a place that
can deliver uh minerals um for other
places but not just the minerals another
important thing and I think this for the
developing countries is how about we
talk about French Shoring um um um Power
Shoring so in places where we have cheap
energy for instance China produces the
solar panel um countries like Brazil has
a great amount of of solar areas and in
areas that are Aid so we can’t do so
much Plantation for instance in part of
this so why not have like the data
centers installed and and then you have
new labor forces being trained and new
capacity being built and things that
will be important and productive for
Brazil and will be for other parts of
the world so coming bonding together
with the the critical minerals comes
along all the discussion of new forms of
energy new forms of Labor Force new
forms that we could be transforming and
accelerating the path while doing
something that is very complicated which
is bonding together growth um economic
growth and um and sustainability and
clean energy because in sometimes it it
can seem to be like contrasting or
polarizing in terms of the reality
bringing together these two so this will
open up new complexities on the ground
exactly which need to be tackled we’ve
got five minutes left and uh before I
give the final word to all the panelists
I just want to quickly check if someone
had a question to ask any of these
panelists we have Mike
uh someone can hand over the mic so if
anyone has is interested to ask a
question to any of these panelists
please feel free this is your chance to
ask
it okay we don’t have any questions now
uh last five minutes so I want to give
uh ask all of you to give your final
thoughts uh and I’ll I’ll I’ll start
with uh Mr Yang here uh going ahead what
do you see as the biggest challenge as
this energy transition moves ahead
because what is clear in this discussion
is that there’s a huge divide it’s not
been done in an in Equitable Equitable
Manner and that could create more
problems uh as the world progresses on
this path so very short answer from your
point of view from China’s point of view
what do you see is critical uh as an
issue to be addressed while this energy
transition happens so that it doesn’t
create more problems
it is a question that is very hard to uh
answer in one or two sentences when we
talk about the energy
transition we have to rely on the
international cooporation in order to
learn the lessons and avoid avoid uh the
uh risks and secondly we need to design
our own transition paths
based on our own country’s
situation that every country has to
design its own part but then doesn’t
that take away from the bigger picture
no because then you can find the win-win
situations where the where can Africa
help Brazil where can Brazil help China
aeria Europe where are the win-win
situations so I I know there are many to
speak so I think that Global cooperation
and places where you understanding what
is your Matrix what are your strengths
how can you partnering where the country
wins and the other country wins as well
so this is a new form of seeing it so
that’s a suggestion coming from two
panelists here uh Minister ly what do
you think from your point of view as a
stakeholder as one of the largest oil
producers in a continent which has been
left behind when it comes to a lot of
indicators how crucial is this to avoid
any further conflict or tension yeah you
know I I I concore you know I completely
agree with two of them you know um to
the extent that that all countries
should be allowed to design their own
transition pathway in my
opinion we must you know Embrace
transition but we must be allowed to
Transit at our own base we first of all
ensure that we have en security for
Africa before we talk about
transition already in Africa we are
putting different legal Frameworks to
see how we can Transit at our own pace
but I completely agree with them that we
can’t Transit at the same this every
country should be allowed to design its
own transition plan but that transition
plan could be you know tied to the
global transition plan completely agree
with
them Minister AR the final word to you
absolutely we are in the same I think we
have an absolute consensus here on this
issue AB absolutely you have it yeah I
believe that we uh we share the the same
concerns we have recently uh hosted
Algeria has recently hosted the uh gas
exporting countries
forum and it is precisely in the name of
these uh values and principles that have
been put forward that we have advocated
that speci special consideration should
be given to
gas in the context of the global
transition in the name of fairness and
in
inclusiveness because the gas this gas
Summit has come to the
conclusion that
through
gas
as a component of the
transition this inclusiveness and this
fairness could be and should be assured
to all of us so fairness and just these
are the two major takeaways from this
discussion that it’s important that this
transition uh is done keeping in mind
the global goals but it’s very important
that it’s it doesn’t create of a
polarization or a further divide between
those who have and those who don’t and
that’s very clear from this panel I want
I want to thank all of you for sharing
your suggestions your views and being
candid about the issues that you all are
facing in your respective regions thanks
a lot a big hand for this panel for
sharing the thoughts and thank you so
much for joining us this evening
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In today’s fast-evolving global context, geopolitical dynamics play a pivotal role in influencing energy markets, impacting supply, demand and pricing mechanisms. This influence is palpable in various regions, as nations contend with intricate geopolitical landscapes and strategic imperatives.
What are the potential challenges, opportunities and tactics for energy leaders as they confront these complex dynamics?