Investing in renewable energy sector is one of NOC priorities, Bin Qadara says

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Investing in renewable energy sector is one of NOC priorities, Bin Qadara says

October 31, 2022 - 22:36
Written by: LibyaMohammed

The Chairman of the National Oil Corporation (NOC), Farhat bin Qadara, has stressed that investing in the renewable energies sector is one of the corporation’s priorities, in addition to stability in supporting the oil and gas sector, especially in light of the current crisis in global markets.

This came in his speech at the Abu Dhabi World Future Energy Summit, which was also attended by major energy institutions and oil and gas companies, hosted by the Abu Dhabi National Oil Company.

Bin Qadara said that the strategy of the board of directors of the NOC supports leading a practical and realistic transformation in the field of energy, pointing out that the NOC will work with its international partners to implement these visions and turn them into a reality, as he put it.