Saudi Aramco CEO Amin Nasser expresses optimism about China's oil demand and warns against underestimating future global oil needs.
Speaking on the sidelines of the Singapore International Energy Week conference, Saudi Aramco CEO Amin Nasser said he was 'fairly bullish' on China 's oil demand , especially after Beijing rolled out a series of stimulus measures to revive the world's second-largest economy.
Nasser pointed out that Asia's energy transition is occurring much slower than initially anticipated. He said that over decades, the Global South will increase oil demand as living standards rise—and this will eventually be followed by a long plateau.
CEO Amin Nasser China Oil Demand Stimulus Measures Chemical Industry Aviation Fuel Global South Energy Transition IEA
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