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Business / Qatar Business

Al Kaabi wants gas exporting countries to expand trade routes

Published: 01 Dec 2019 - 09:17 am | Last Updated: 02 Nov 2021 - 03:40 am
H E Saad Sherida Al Kaabi (second right, front row), the Minister of State for Energy Affairs, with the Heads of State and Government of the GECF on the sidelines of 5th Summit in Malabo, Equatorial Guinea.

H E Saad Sherida Al Kaabi (second right, front row), the Minister of State for Energy Affairs, with the Heads of State and Government of the GECF on the sidelines of 5th Summit in Malabo, Equatorial Guinea.

The Peninsula

Doha: H E Saad Sherida Al Kaabi, the Minister of State for Energy Affairs, has called for united efforts to ensuring that gas exporting countries continue to develop their natural gas resources and expand their trade routes.

Addressing the 5th Summit of the Heads of State and Government of the Gas Exporting Countries Forum (GECF) in Malabo, Equatorial Guinea, Minister Al Kaabi said, “We all have the same objective: to place natural gas at the heart of the energy industry as a fuel of the future, and to affirm our true belief that natural gas is a cornerstone in the energy transition.” “We are committed to working with countries across the globe to ensure the security of their energy supplies and the sustainability of their economic growth”, he said.

H E Saad Sherida Al Kaabi, the Minister of State for Energy Affairs, addressing the 5th Summit of the Heads of State and Government of the GECF in Malabo, Equatorial Guinea.

Al Kaabi voiced support of promoting a meaningful dialogue between gas exporters and importers and other concerned organisations with the objective of greater understanding and appreciation of the role of natural gas in the support of both economic development and environmental preservation. “As a cleaner alternative, natural gas is the catalyst for better economic performance and environmental impact. No other source of energy enjoys its versatility and flexibility, as well as its economic and environmental qualities,” he said.

The Minister said the next summit, which will be held in Doha in 2021, for the second time since the first summit in 2011, will come amidst final preparations leading to the FIFA World Cup 2022 finals. This iconic competition will not only be about sports, but it will also be about people, peace, harmony, development and prosperity. The 2022 World Cup will also be the first carbon-neutral competition, which will utilise solar power as well as various energy-saving technologies, the Minister said.