Asia will be the driving force behind expansion, says PM
Malaysian Prime Minister urges AOGC delegates to innovate and reform to spark more growth
Fast-developing Asian nations will continue to be the driving force behind future global economic expansion and more energy will be essential to bolster this growth, the Malaysian Prime Minster, Dato’ Sri Mohd Najib Tun Razak, told delegates at the 18th edition of the Asia Oil & Gas Conference. But the key to sustainable development is to make the most of the opportunities, during these challenging times, to innovate and reform, he added. It has taken years for many economies to recover from the financial crisis of 2008, but growth remains fragile in much of the developed world. Still world energy consumption has been robust. It stood at 11.7m tonnes of oil equivalent (toe) in 2008, but
Also in this section
17 January 2025
Supply glut or supply deficit are both plausible outlooks, with tariffs and sanctions among the key risks that could swing the pendulum
17 January 2025
European Commission is on its way to meeting clean energy goals, but energy security concerns and higher costs may give it second thoughts
17 January 2025
The CEO of QatarEnergy has highlighted the potential impact a new EU directive could have on energy exports to the continent
16 January 2025
The government’s resource nationalism is aggravating the NOC’s debt position and could yet worsen if also tasked with the decarbonisation shift
