AlHijjah 25, 1432, Nov 21, 2011, SPA - Khalid A. Al-Falih, President and CEO of Saudi Aramco affirmed today that global energy challenges need realistic solutions. He made this remark this morning in a keynote address entitled “Resetting the Energy Conversation: The Need for Realism” at The King Abdullah Petroleum Studies and Research Center's Inaugural Energy Dialogue. "This Energy Dialogue comes at an opportune moment: a moment when the global conversation about energy in general, and petroleum in particular, needs to be reset in light of several far-reaching new realities." In his speech, Al-Falih highlighted four sweeping new realities having transformational effects on the world energy industry, consequently turning the “terms of the global energy dialogue upside down.” “This Energy Dialogue comes at an opportune moment: a moment when the global conversation about energy in general, and petroleum in particular, needs to be reset in light of several far-reaching new realities,” Al-Falih said in his address in Riyadh to almost 900 delegates representing producer and consumer-nations, think-tanks and research groups. “I strongly believe that if we are to blaze a path to an optimum energy future, our collective analysis must be more rigorous and our discussion more pragmatic but also more inclusive and progressive than in the past.” --MORE
