Business Extra

Majid Jafar on global energy crisis


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Majid Jafar, the vice-chairman of Crescent Group and chief executive of Crescent Petroleum, said a crisis is playing out “across the entire world and all forms of energy. And that's never happened before”.

He tells host Mustafa Alrawi while short term issues like Ukraine, Covid-19 and stretched supply chains and China consuming more gas, have made the situation worse, a failure to invest in energy supply has chiefly created the crisis.

In this episode:

The energy transition and the impact on supply (0m 10s)
Climate change and moving forward with investment (10m 23s)
The evolution and significance of the oil and gas industry (15m 58s)
Iraq's outlook and advice for new graduates looking to be part of the industry (19m 13s)
 
Read more on our website:

US energy envoy Amos Hochstein at Adipec - Business Extra

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  • IMF's 2023 outlook for Gulf and Middle East - Business Extra

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