The next best for the liquefied gas industry

His Excellency Eng. Saad Sherida Al-Kaabi, Minister of State for Energy Affairs, President and CEO of Qatar Petroleum, stressed the need for a collaborative approach in the transition to low-carbon energy that starts with consumers, is directed by governments, and supported by producers.
His Excellency’s statements came during the opening of the Ninth Liquefied Natural Gas Producers and Consumers Conference, which was hosted by Japan, and was held remotely using video communication technology.
In his keynote speech, Minister Al Kaabi highlighted the key role of end consumers in shifting to low carbon energy to achieve global goals in reducing carbon dioxide emissions.
Minister Al Kaabi said, “We must realize that a successful transformation cannot be led by producers alone. It is a shared responsibility that requires active cooperation between oil and gas producers, legislators and governments, as well as consumers.”
Minister Al-Kaabi expressed his optimism about the role of LNG in the transition to low-carbon energy because of its many advantages, including the unique ability to play a supporting role for renewable energy sources, and added: “I believe that the best situation for the LNG industry is coming, and that more consumers are aware of The economic benefits and environmental qualities of LNG, and they adopt it as a key reliable, economical and cleaner component of their energy mix.”
His Excellency the Minister of State for Energy Affairs, Managing Director and CEO of Qatar Petroleum, concluded by thanking Japan for hosting this important dialogue between producers and consumers of LNG, stressing that “if we want to achieve our environmental goals and maintain our economic growth through the use of a cleaner and more reliable primary energy source.” With a high load, natural gas is and will remain the preferred partner for renewables in the transition to low-carbon energy and beyond.”
The LNG Producers and Consumers Conference has been an annual event of global dialogue since its launch in 2012, organized by the Japanese Ministry of Economy, Trade and Industry and the Asia Pacific Center for Energy Research. The conference provides a place for ministers, heads of international organizations, corporate executives and other stakeholders to discuss the latest developments in the global LNG market and discuss opportunities and challenges in order to develop it.


liquefied gas industry

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