H.E. Eng. Saad bin Sherida Al-Kaabi, Minister of State for Energy Affairs, emphasized the importance of transparency in opposing trade barriers and discriminatory measures that negatively impact energy products, highlighting the need for enhanced international cooperation to ensure stability in global energy markets.

Speaking at the 27th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) held in Doha today, H.E. noted that despite geopolitical tensions and stalled climate policies, the outlook for natural gas—particularly LNG—remains positive, driven by Asia’s economic growth and the increasing demand for cleaner energy sources.

He also reaffirmed Qatar’s commitment to working with member states to promote natural gas as a key enabler for achieving cleaner and more balanced energy transitions.

Meanwhile, H.E. Khalifa Abdulsadiq, Libya’s Minister of Oil and Gas, stated that oil and gas will continue to supply at least half of the world’s energy needs for decades to come, adding that efforts to marginalize fossil fuels are unrealistic and could jeopardize global economic stability.

H.E. Eng. Mohamed Hamel, Secretary-General of the GECF, underlined that the world is facing complex challenges—ranging from energy poverty and economic disparities to geopolitical tensions and environmental concerns—and stressed that natural gas remains a cornerstone of energy security and sustainable development as a clean, reliable, and affordable energy source.

He added that global gas consumption reached record highs in 2024, with demand projected to grow by 32% by 2050, underscoring its pivotal role in the global energy landscape.