OIL AND GAS NEWS
Bahrain could easily shift to sustainability: nogaholding CEO
Feb 20, 2022 1:17 PM
With a solid plan in place Bahrain could easily become one of the countries that is able to shift its consumption patterns towards more sustainable sources. This was the opinion of Group Chief Executive...
With a solid plan in place, Bahrain could easily become one of the countries that is able to shift its consumption patterns towards more sustainable sources.
This was the opinion of Group Chief Executive Officer of The Oil & Gas Holding Company (nogaholding), Mark Thomas, who highlighted the company’s new direction towards sustainable energy while addressing the challenges facing the kingdom at a webinar on ‘The Energy Transition in Bahrain Chances, and Challenges’ hosted by the German Business Community.
Thomas touched upon elements of a multipronged approach to transition the company’s operations into responsible energy production and stem oil and gas-based consumption within the kingdom.
“Through initiatives like this webinar, we look towards opening up channels of communication with countries who face similar challenges, such as Germany, to benefit from a shared knowledge platform and global expertise in our quest towards enhancing the energy sector in the Kingdom of Bahrain,” he stated.
The webinar, moderated by the Deputy Delegate of German Industry & Commerce for Saudi Arabia, Bahrain and Yemen, acted as a knowledge-sharing platform featuring speakers from the Energy sector in Bahrain and Germany, and explored potential opportunities for growth within both countries.
The session proffered existing research on renewable energy sources and discussed the challenges and new policies required to facilitate the transition.
The webinar also featured speakers and researchers from distinguished entities, including Ellen von Zitzewitz, from the Federal Ministry for Economic Affairs and Climate Action, who outlined Germany’s Climate Energy & Hydrogen Policy as part of the Bilateral Energy Cooperation amongst nations; in addition to Dr Abdulla Alabbasi from the Bahrain Centre for Strategic, International and Energy Studies, Derasat, who addressed the theoretical and practical considerations of accelerating the transition to renewable energy in Bahrain; and Dr Hanan Albuflasa from the Renewable Energy Labs in the Department of Physics at the University of Bahrain, who highlighted Bahrain’s role in the international renewable energy market.-- TradeArabia News Service