How Saudi Arabia plans to ‘hook’ poor countries on oil
How Saudi Arabia plans to ‘hook’ poor countries on oil
Saudi Arabia is leading a global investment initiative to boost demand for its oil and gas in developing countries through the oil demand sustainability programme (ODSP), directed by Crown Prince Mohammed bin Salman. The programme involves major Saudi organizations like the Public Investment Fund, Aramco, and Sabic. It aims to increase the use of fossil fuel-powered vehicles and aircraft in Africa and other regions while publicly promoting sustainability.
Saudi Arabia is leading a global investment initiative to boost demand for its oil and gas in developing countries through the oil demand sustainability programme (ODSP), directed by Crown Prince Mohammed bin Salman. The programme involves major Saudi organizations like the Public Investment Fund, Aramco, and Sabic. It aims to increase the use of fossil fuel-powered vehicles and aircraft in Africa and other regions while publicly promoting sustainability.
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