Cairo, October 25 (QNA) – HE Minister of State for Energy Affairs Saad bin Sherida Al Kaabi underscored that the recent disruptions in the global energy supplies have caused great concern over energy security as well as accessibility, which are crucial to continued economic development.
His Excellency said in a speech during the 24th ministerial meeting of the Gas Exporting Countries Forum (GECF), which was held in Cairo today, that global efforts for a serious and responsible energy transition seem to have suffered serious damage as a result, there is no doubt that this crisis has driven natural gas to the forefront of the global energy discussion.”
His Excellency added, “Today, there seems to be a growing recognition of the role gas can play not just in the energy transition, but also in creating better prospects for energy security across the globe.”
HE the Minister expressed hope that the meeting will add greater momentum to the GECF collective efforts “to implement its vision and to encourage regional and international dialogue on the central role natural gas can, and should, play in the transition to low carbon economies.”
GECF is a gathering of the world’s leading gas exporting countries. It aims to build a mechanism for a more meaningful dialogue between gas producers and consumers to ensure stability and security of supply and demand in global natural gas markets. (QNA)