More than 200 officials from Oman’s top energy companies have met at the Oman Energy Forum to chart out a plan in enabling the Sultanate to adopt a sustainable energy policy, as the country moves towards a policy of clean, renewable energy.
Under the country’s Tanfeedh programme for economic diversification, energy has been earmarked as one of the sectors of expansion, as the Sultanate seeks to transition away from fossil fuels and conventional sources of energy.
“It involves the right governance, local skills development and supply chains, enabling infrastructure and a progressive mind set aimed at achieving sustainable growth and prosperity. The ability to engage on these issues and ensure key building blocks are in place is increasingly critical for all stakeholders involved in the country’s energy industry,” said Raoul Restucci, Managing Director, Petroleum Development Oman (PDO).
Oman has one of the world’s highest solar densities and has already made some significant steps towards its energy transition strategy in its goal to generate 10 per cent of its energy from renewables by 2025. The move towards adopting energy transition strategies across the Gulf region is propelled by an urgency triggered by rapid consumption, which has grown by eight per cent annually since 1972, compared to two per cent for the world.
The focus of the 2018 Oman Energy Forum was to review and adopt comprehensive actions for the oil and gas industry to help accelerate Oman’s energy transition.
The 6th edition of the Oman Energy Forum took place in partnership with the Oman Ministry of Oil and Gas, as part of an on-going commitment by government, industry and academia stakeholders to review, refresh and, where broadly and strategically agreed, implement key recommendations put forward in the Oman Energy Master Plan 2040 (2015), including a transition to harvest a range of new renewable energy sources.
The companies supporting the Forum included Petroleum Development Oman, Shell Development Oman, Oman Trading International, Occidental Oman, GlassPoint, PETRONAS and Oman LNG.
Under the country’s Tanfeedh programme for economic diversification, energy has been earmarked as one of the sectors of expansion, as the Sultanate seeks to transition away from fossil fuels and conventional sources of energy.
“It involves the right governance, local skills development and supply chains, enabling infrastructure and a progressive mind set aimed at achieving sustainable growth and prosperity. The ability to engage on these issues and ensure key building blocks are in place is increasingly critical for all stakeholders involved in the country’s energy industry,” said Raoul Restucci, Managing Director, Petroleum Development Oman (PDO).
Oman has one of the world’s highest solar densities and has already made some significant steps towards its energy transition strategy in its goal to generate 10 per cent of its energy from renewables by 2025. The move towards adopting energy transition strategies across the Gulf region is propelled by an urgency triggered by rapid consumption, which has grown by eight per cent annually since 1972, compared to two per cent for the world.
The focus of the 2018 Oman Energy Forum was to review and adopt comprehensive actions for the oil and gas industry to help accelerate Oman’s energy transition.
The 6th edition of the Oman Energy Forum took place in partnership with the Oman Ministry of Oil and Gas, as part of an on-going commitment by government, industry and academia stakeholders to review, refresh and, where broadly and strategically agreed, implement key recommendations put forward in the Oman Energy Master Plan 2040 (2015), including a transition to harvest a range of new renewable energy sources.
The companies supporting the Forum included Petroleum Development Oman, Shell Development Oman, Oman Trading International, Occidental Oman, GlassPoint, PETRONAS and Oman LNG.
Source Link: timesofoman.com
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