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Amin Nasser

President & CEO, Saudi Aramco

Search every verified Amin Nasser interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Amin Nasser, President and CEO of Saudi Aramco, spoke at an energy conference hosted by Saudi Arabia on October 12, 2026, alongside executives from ExxonMobil and Chevron. In his remarks, Nasser emphasized the long-term nature of the oil and gas industry, noting that it requires extensive planning and that short-term market turmoil can obscure longer-term trends. He cited projections of global population growth of nearly two billion by 2050, urbanization adding over 1.8 billion people to cities, and a doubling of the global economy as factors that will drive increased energy demand, including from artificial intelligence and data centers. The conference also featured discussions on energy security and infrastructure, with Nasser participating in a panel that included government officials and other industry leaders. Topics covered included pipeline capacity, potential for oil diversion, and the role of green hydrogen and e-fuels in future energy systems. Nasser's comments were part of a broader dialogue on the need for sustained investment and clear market signals to address global energy challenges.

Recent appearances

Notable quotes

“I think the world has underinvested in oil in general, upstream, downstream, midstream, but referring to your question about downstream definitely. And we see the results in diesel prices, jet fuel prices, what have you around the world, people now feel the pinch of something that we at OPEC have been warning about for many, many years. Many of you who follow OPEC reports and OPEC messaging have seen that we have bee”

“Well, definitely for uh gas, I would say the needs for more. It's available, it's affordable, it is uh there and it is a can be a failed at a lower cost compared to other sources of energy. So AI and the requirement for data centers which is significant would really put a huge demand on as I said on energy and that's why the growth that we are seeing from a lot of companies right now looking at how we can put additio”

“I think the market is robust. You know, in spite of what everything is said, you know, we have seen a record demand last year uh not only in oil, oil, gas and even coal. And we are seeing a record demand this year on oil, gas and also coal. So the demand is there. What people talk about and there is a lot of additional barrels in the market is not really based on fundamentals. If you look at storage facility, it is a”

“It is important to continue to explore. We've seen what happened in investment. Now oil investment is down compared to higher years by almost 20%. Final investment decision for projects for oil is down by almost 35%. There is a concern considering that the decline is close to six million barrels per day. This is just if you maintain your current production of over 100 million barrels today. The decline just to mainta”

“We strongly believe that the demand fundamental is healthy and strong. We are seeing a demand growth of about 1.1 to 1.3 million barrels per day this year, almost the same next year in 2026. It's a record year for oil, gas, and even coal. When you look at the five-year average, it's at the lowest end of the five-year average in terms of physical barrels storage available in the market. So, it tells you that demand is”

“Well, you know, you have to build them fast you don't have much time and I see some of them building dedicated plants next to a gas plants or a gas fields to supply the power. You can do that in 18 months to 20 to two years to build an energy hub to supply power. But you need a lot of energy and everybody's looking at gas and that's why gas is coming into the picture and that's why Aramco is having huge investment be”

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