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African leaders say keep us out of the grip of green energy

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African leaders say the goal of shifting from conventional energy to renewable energy should not be imposed on developing countries. They want to be allowed to produce oil. Leaders in Nigeria and Equatorial Guinea say the pressure to adopt renewable energy should not be on developing countries because there are still millions of people who do not have access to energy. On Wednesday, the world’s oil producers said developing countries should have the right to change at their own pace. Nigeria’s oil minister, Thimpier Marlin Silva, speaking at an energy conference in the United States, said there were 900 million people in the world who were unable to meet even basic energy needs, most of them in Africa. “We’re going from burning wood to gas now,” Silva said.

Please let us change our ways. “The United States will spend billions of dollars to stop Equatorial Guinea’s Minister of Mines and Hydrocarbons Gabriel Obiang Limao Silver from moving forward. Negotiations on transit are possible only when the energy security crisis is over. Demand The developed Organization for Economic Co-operation and Development (OECD) has 38 member countries, some of which are two in the world. They are among the richest countries in the world. Only Africa, Asia and the rest of South America accounted for 31 percent, according to Tengku Mohammad Tawfiq, president of Malaysia’s state oil company Petronas.

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“Every emerging economy has the right to reliable and safe energy,” he said. There are many countries, including Ghana, Guyana and Suriname, where oil exploration is still at an early stage, who have said they should not expect to give up oil and gas facilities for development. Reducing investment in oil “They all want us, including those without food, to bear the burden of immigration,” said Bala Bhunti, general manager of the Nigerian National Petroleum Corporation (NNPC), Nigeria’s state petroleum agency. Climate Change: No Situation for India Now or Never Nigeria’s Oil Minister Silva says his country is facing a double whammy. He said one is increasing the price of gas, which they have to import, and the other is reducing investment in oil.

Banks and global funds are pushing to reduce investment in oil to reduce carbon dioxide emissions. Silva said the lack of investment forced Nigeria to produce 18 to 1.5 million barrels of oil per day. “This reduced production could be beneficial to the world, which is still looking for alternatives to Russian oil,” he said. Silva stressed that investment in renewable energy projects is shrinking funds for oil projects and that oil, gas and coal production is declining, leading to inflation. VK / CK (Reuters).

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