Algiers — Qatar recognizes the urgent need for a shared vision for a fair, balanced, and sustainable transition to low-carbon energy, particularly in response to unrealistic goals and emotional rhetoric advocating for the abolition of oil and gas, stated Minister of State for Energy Affairs, Eng. Saad bin Sherida Al Kaabi.
He shared these insights during his address at the extraordinary ministerial meeting of the Gas Exporting Countries Forum held in the People’s Democratic Republic of Algeria.
The Minister emphasized that transitioning to low-carbon energy is a collective responsibility, necessitating the collaboration of all relevant parties, including end-users, whose consumption patterns significantly impact demand rates and energy generation decisions.
He noted that Qatar has consistently underscored its strong and supportive position regarding natural gas as a crucial component of any energy mix aimed at a realistic transition to low-carbon energy. He further mentioned that Qatar views natural gas as the essential means to achieve fair and equitable access to cleaner energy.
In concluding his speech, Minister Al-Kaabi urged for the confrontation of challenges affecting the energy industry and its security. He highlighted the importance of working together to ensure the security of energy supplies and market stability by maintaining the continuity of energy sources.
The extraordinary ministerial meeting sets the stage for the seventh summit of heads of state and government of the forum, which is scheduled to take place in Algeria on Saturday.
The Gas Exporting Countries Forum represents the world’s leading gas-exporting nations, striving to create a mechanism for effective dialogue between gas producers and consumers. This initiative aims to ensure stability and security in the supply and demand of natural gas in global markets.
