Ministry of Petroleum and Mineral Resource Karim Badawi participated as a keynote speaker in the opening ministerial session of the Abu Dhabi International Petroleum Conference (ADIPEC) Exhibition and Conference 2024 under the title “New Global Leaders and the Energy Transition”.

The session’s panelists included Suhail Al Mazrouei, Minister of Energy and Infrastructure of the UAE; Shri Hardeep Singh Puri, Minister of Petroleum and Natural Gas of India; and Ruth Nankabirwa Ssentamu, Minister of Energy and Mineral Development of Uganda.

The session addressed the challenges of the world’s growing population and the resulting increment in demand for energy. It also tackled the energy trilemma, which is to provide energy at affordable prices and in a sustainable manner, along with the challenges and opportunities it entails.

Badawi stated that about one in ten people worldwide, lack access to electricity, noting that geopolitical conditions are pushing some countries to continue relying on non-renewable energy sources, calling on the global community to provide the necessary support and technology to developing countries in order to achieve a fair energy transition in line with the economic conditions of these countries.

The Egyptian minister further highlighted the importance of integrating technological innovation and environmental responsibility to achieve a sustainable future in the field of artificial intelligence.

Badawi also reviewed the most important uses of artificial intelligence applications in the Egyptian petroleum sector, the most important of which is the Egypt Upstream Gateway (EUG), which provides easy, fast and convenient access to basic information and geological data for research, exploration and production activities in Egypt.