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Doha
Minister of State for Energy Affairs and President and CEO of Qatar Petroleum HE Saad Sherida al Kaabi reiterated Qatar’s commitment to its global reputation as a safe, trustworthy, and reliable LNG producer at all times and under all circumstances.
In a keynote speech at the opening of the eighth LNG Producer-Consumer Conference in Tokyo, Kaabi said Qatar was collaborating with many countries around the world to ensure the security of their energy supplies and the sustainability of their economic growth.
“We are also working with customers, industry players and stakeholders for a sustainable, affordable and secure energy supply for all. Most importantly, we are providing a sustainable energy solution to environmental and climate change concerns, and responding to widespread global moves towards cleaner and more cost-effective fuels,” he said.
Kaabi drew attention to unprecedented recurrent climatic conditions, including higher mean temperatures, turbulent seasonal cycles and extreme events. He said, “This is why we believe it is time to take another look at natural gas and the number of advantages it has to make it a pivotal element in any strategy to tackle environmental challenges. It is versatile, flexible, economic and clean. No other energy source can boast the combination of all these four qualities.”
The minister highlighted Qatar’s efforts to reinforce its position as the world’s leading LNG producer, which includes the North Field Expansion Project to increase Qatar’s LNG production capacity to 110 million tonnes per annum by 2024, and a major ship-building campaign to build up to 100 LNG carriers over the next decade.
Kaabi said, “The LNG industry is very dynamic and invigorated, and it connects all corners of the world through hundreds of trade routes and LNG receiving and regasification terminals. We, in Qatar, are doing our part to keep this momentum moving forward for the benefit of our partner countries and their peoples.”
The minister pointed out that while Japan was celebrating 50 years since the arrival of its first-ever LNG cargo, Qatargas has successfully delivered the 3,000th LNG cargo to JERA’s Kawagoe Terminal.
“I am confident that together we can seize the opportunity of this gathering as an ideal platform to create greater cooperation and collaboration for the benefit of not just producers and consumers, but also all the stakeholders across the wide spectrum of our industry,” he concluded.
The LNG Producer-Consumer Conference is a global annual dialogue, launched in 2012, and organised by Japan’s Ministry of Economy, Trade and Industry, and the Asia Pacific Energy Research Centre. It provides ministers, heads of international organisations, corporate executives, and other stakeholders with a venue to share the latest trends in the global LNG market and discussing opportunities and challenges with a view to its
development.
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27/09/2019
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