H E Dr Mohammed bin Saleh Al Sada, Minister of Energy and Industry; and other officials cutting the ribbon marking the opening of the Exhibiton of the 5th International Gas Processing Symposium, yesterday. Pic: Baher Amin/The Peninsula
Qatar’s energy policy is “wise and balanced”, which is pursued meticulously taking into consideration the variables and conditions affecting the global energy market, said the Minister of Energy and Industry, HE Dr Mohammed bin Saleh Al Sada yesterday in his opening address at the 5th International Gas Processing Symposium.
The two-day event, which is dedicated to research on gas treatment, was organised and hosted by the Gas Processing Center (GPC) at Qatar University College of Engineering (QU-CENG) in collaboration with several key stakeholders, including major oil and gas companies. The Minister noted that that Qatar, thanks to the directives of its wise leadership, the efforts of its people, and to support its economic partners, lead the world in liquefied natural gas (LNG) exports by supplying 77 million tonnes per annum of clean energy to the world.
Dr Al Sada stressed on the importance of strategic planning for protection of the country's interests and the sustainability of the national wealth in light of the dramatic changes that have affected the global energy markets, such as shale oil and gas revolution.
He pointed to efforts to diversify production according to the foundations of the knowledge based economy, which requires raising the efficiency of use of available resources, especially human capital. The Minister praised Qatar University in the development of science and research, particularly in the energy sector, pointing out that the establishment of gas treatment center at the university was aimed to produce competent cadres .
At a time when other countries were thinking to enter the field of natural gas production, Qatar was in the final phases of building joint projects with the biggest experienced companies in this field, which contributed to the achievement of projects based on best practices and cost effective methods of energy exploration, Dr. Al Sada said.