BAKU, Azerbaijan, June 2. Companies that
provide low-carbon, reliable energy supplies will be best
positioned to succeed in an increasingly uncertain market, Alexios
Zachariadis, Partner for Strategy and Operations at Deloitte, said
during a panel discussion at Baku Energy Week, Trend reports.
According to him, geopolitical tensions are reshaping global
energy markets and forcing companies to strengthen resilience and
make strategic decisions amid uncertainty.
Zachariadis said successful oil and gas companies will focus on
low-cost, low-carbon-intensity assets, reliable supplies and broad
market access.
“In uncertain times, reliability becomes an important commercial
advantage,” he said, adding that gas and LNG buyers increasingly
favor flexible portfolios, diversified supply options and partners
that can reliably meet their commitments.
He also highlighted the importance of integrating refining,
petrochemicals, aviation fuels and specialty products to create
added value, while stressing the role of decarbonization, carbon
capture and storage technologies, and hydrogen development.
According to Zachariadis, future industry leaders will be
companies that maintain commercial discipline, manage geopolitical
risks and adapt quickly to changing market conditions.
