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Business / Qatar Business

Global disruptions, an energy security concern: Minister Al Kaabi

Published: 26 Oct 2022 - 09:19 am | Last Updated: 26 Oct 2022 - 09:21 am
Minister of State for Energy Affairs H E Saad Sherida Al Kaabi, with other ministers and officials, during the 24th ministerial meeting of the Gas Exporting Countries Forum (GECF), in Cairo, yesterday.

Minister of State for Energy Affairs H E Saad Sherida Al Kaabi, with other ministers and officials, during the 24th ministerial meeting of the Gas Exporting Countries Forum (GECF), in Cairo, yesterday.

The Peninsula

Doha: Minister of State for Energy Affairs H E Saad Sherida Al Kaabi took part in the 24th ministerial meeting of the Gas Exporting Countries Forum (GECF), which was held in Cairo yesterday.

In remarks at the meeting, Minister Al Kaabi said: “Recent disruptions in the global energy supplies have caused great concern over energy security as well as accessibility, which are crucial to continued economic development. And while global efforts for a serious and responsible energy transition seem to have suffered serious damage as a result, there is no doubt that this crisis has driven natural gas to the forefront of the global energy discussion. Today, there seems to be a growing recognition of the role gas can play not just in the energy transition, but also in creating better prospects for energy security across the globe”.

Minister Al Kaabi expressed hope that the meeting will add greater momentum to the GECF collective efforts “to implement its vision and to encourage regional and international dialogue on the central role natural gas can, and should, play in the transition to low carbon economies”.

The Gas Exporting Countries Forum is a gathering of the world’s leading gas exporting countries. It aims to build a mechanism for a more meaningful dialogue between gas producers and consumers to ensure stability and security of supply and demand in global natural gas markets.