Lokpobiri Advocates for Affordable Energy at Forum

Heineken Lokpobiri, the Minister of State for Petroleum Resources, stated that affordable energy is essential for the industrialization of developing economies. He made these remarks on Sunday in Riyadh, Saudi Arabia, while co-hosting the 17th International Energy Forum Ministerial with Italy’s Minister of the Environment and Energy Security, Gilberto Fratin.

Lokpobiri highlighted the disparities in energy infrastructure and capital access among countries, urging global energy policies to consider these differences. He argued that energy security should encompass not only the protection of existing supplies but also the millions lacking reliable energy access.

He pointed out that inadequate energy supplies hinder households and businesses, particularly those reliant on electricity. Lokpobiri asserted that developing nations should not have to choose between expanding energy supplies and fulfilling environmental responsibilities.

He advocated for a diverse energy mix to enhance supply security while meeting development needs, emphasizing that development and responsibility can coexist.