Opec head to address meet next week

March 31, 2014 - 12:56:45 am

Doha: The Organisation of Petroleum Exporting Countries (Opec) Secretary General Abdalla Salem El Badri will deliver The 2014 Abdullah Bin Hamad Al Attiyah International Energy Awards Lecture at the annual dinner event at the Museum of Islamic Art, Doha on April 8. 

The keynote speech by the head of Opec will address an international energy audience, supported by Shell, on the outlook for global energy security in light of Russia’s dramatic standoff with the West over Moscow’s seizure of Crimea, which has stoked fears of possible gas supply disruptions to Europe, which relies on Russia for 25 percent of its gas imports, the vast majority of which is transported through Ukrainian territory.

European countries have sought to speed up diversification of their natural gas supplies since Russia cut off deliveries to Ukraine and other parts of the EU in 2006 and 2009 over disputes related to pricing and supplies. Europe is now looking to raise imports of liquefied natural gas, including from Qatar, the world’s largest exporter of the super-cooled fuel.

The Peninsula

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