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Huge potential for Brics nations to cooperate in energy security: S Africa

Business Standard LogoBusiness Standard8h ago

Huge potential for Brics nations to cooperate in energy security: S Africa - Business Standard

Quick Summary:

"We believe that this BRICS group of like-minded country members has a huge potential and working together will strengthen this resolve through cooperation on energy security, and also provide an opportunity to join efforts to annihilate the challenges diagnosed during the BRICS 2023 Summit held in South Africa, such as addressing the lack or absence of an integrated energy policy framework," Ramokgopa said.

There is a huge potential for the members of the extended BRICS group to cooperate in ensuring energy security in their countries, South African Minister of Energy and Electricity Kgosientso Ramokgopa said at the 9th BRICS Energy Ministerial Meeting in Moscow earlier this week.

The minister said this meeting came at "a critical phase where our countries are grappling with the challenge of balancing developmental goals with energy transition pathways".


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-05 @ 07:56:31 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 485 words

Reading Time: 3 minutes read

Sentences: 9 lines

Sentence Length: 54 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22891162

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News Last Updated: 2 hours ago

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