INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Qatar urges separating politics from the oil and gas trade

Qatar has called for the formulation of policies that discourage the politicization of the oil and gas trade. File pic
  • Qatar energy minister also called on governments and multilateral institutions to condemn sabotage and military attacks on energy infrastructure or electricity networks
  • He also sought transition to low-carbon energy through a realistic mix of energy sources, including hydrocarbons, renewable energy, biofuels, nuclear power and hydrogen

Doha, Qatar: Qatar has called for the formulation of policies that discourage the politicization of the oil and gas trade and its use as a tool of sanctions or to limit free trade agreements.

In a press statement ahead of the ministerial meeting of the Gas Exporting Countries Forum scheduled for Tuesday in Cairo, Minister of State for Energy Affairs, President and CEO of Qatar Energy Eng. Saad bin Sherida Al Kaabi said that  Qatar urges all governments and multilateral institutions to condemn sabotage and military attacks on energy infrastructure or electricity networks.

He appealed to all governments, companies, stakeholders and energy consumers to work together to develop wise and balanced policies that allow responsible economic development.

The Minister added that in order to reduce energy poverty and provide energy for all in an equitable manner, the transition to low-carbon energy must be through a realistic mix of different energy sources, including hydrocarbons, renewable energy, biofuels, nuclear power and hydrogen.

“Supporting investment today in all of these energy sources is a must to ensure adequate global supplies for the future,” Al Kaabi said.