The Qatari minister said he believed Russian gas would eventually find its way back to Europe.
UAE Energy Minister Suhail Al-Mazrouei, speaking on the same panel in Abu Dhabi, agreed that “gas will be there for a very long time” and that more investment in gas as a basis for where more renewable energy will be installed would be required. Burden.
“The whole world needs to think about resources and how to enable companies to produce more gas to make it available and affordable,” Mazrui said.
Kabi said that gas is “not a transition fuel” but a destination fuel, and that it was unfair for some in the West to say that African countries should not drill for oil and gas as part of green energy. even though it was important to them. Economies and the world needed more supply.
Mazroui said the “unclear” strategy of many countries made it difficult for them to commit to long-term gas contracts, making it difficult for energy companies to secure financing to invest in developing production capacity.