QatarEnergy CEO calls for “balance” between energy security and sustainability at India Energy Week 2024
(WO) – At India Energy Week 2024, His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs and the President and CEO of QatarEnergy, highlighted the challenges in navigating the volatilities, uncertainties and complexities that impact the energy industry during a special panel discussion on energy security.
Minister Al-Kaabi emphasized that, in order to face such challenges, especially in the context of the energy transition, the various stakeholders need to create a balance between energy security, affordability and sustainability, while encouraging investments in a diverse energy mix, including renewables, natural gas and other forms of energy sources to help mitigate risks associated with the volatility of energy markets.
Minister Al-Kaabi also hailed the strong energy relations between India and Qatar, noting that Jan. 25, 2024, marked the twentieth anniversary of the inaugural LNG shipment to Petronet’s LNG Dahej Terminal, and that on the Feb. 4, 2024, Petronet LNG successfully lifted the 2000th LNG cargo from Qatar.
India Energy Week 2024 is India’s largest energy exhibition and conference, covering the entire energy value chain, and is expected to attract over 35,000 attendees, 350 exhibitors, and 400 speakers from more than 100 countries.