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Qatar sees urgent need for a shared vision for low-carbon energy transition

QNA  

Algiers: Minister of State for Energy Affairs Eng. Saad bin Sherida Al Kaabi said that Qatar sees an urgent need for a shared vision for a fair, balanced, and sustainable transition to low-carbon energy, especially in the face of unrealistic goals or emotional discourses calling for the abolition of oil and gas.

He made these remarks during his speech at the extraordinary ministerial meeting of the Gas Exporting Countries Forum held in the People’s Democratic Republic of Algeria.

The Minister said that the transition to low-carbon energy is a shared responsibility that requires the cooperation of all relevant parties, including end-users whose consumption patterns affect demand rates and energy generation choices.

He added that the State of Qatar have always emphasized its firm and supportive stance towards natural gas as a pivotal element in any energy mix on the road to a realistic transition to low-carbon energy. He also said that the State of Qatar believes that natural gas is the primary means to achieve fair and equitable access to cleaner energy.

Concluding his speech, Al-Kaabi called for addressing the challenges facing the energy industry and its security, saying that it was important to work together to ensure energy supply security and market stability by ensuring the continuity of energy sources.

The extraordinary ministerial meeting paves the way for the seventh summit of heads of state and government of the forum, scheduled to be held in Algeria on Saturday.

The Gas Exporting Countries Forum is a gathering of the largest gas exporting countries in the world, as it seeks to build a mechanism for effective dialogue between gas producers and consumers to ensure stability and security in supply and demand in global natural gas markets.

The Gas Exporting Countries Forum is a gathering of the largest gas-exporting countries in the world, aiming to establish a mechanism for effective dialogue between gas producers and consumers to ensure stability and security in the supply and demand of natural gas in global markets.

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