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22:04 GMT
DOHA, Oct 3 (KUNA) -- Chief Executive Officer of Qatargas Sheikh Khalid bin
Khalifa Al-Thani said Sunday his company attached great importance to the
growth potentials of the Gulf Cooperation Council (GCC) member states'
economies.
Speaking to reporters here on the eve of the Ninth Annual Power-Gen Middle
East conference and exhibition, Al-Thani said: "Demand for energy in the GCC
region is on the increase as the economies, populations and water consumption
of the region are growing rapidly."
"These are the key drivers that point to a rising demand for power
generation and prod many GCC countries to use a mix of oil and gas to address
their power generation needs," he said.
"The Liquefied Natural Gas (LNG) is a perfect alternative fuel for power
generation which encouraged the key LNG producers like Qatar to maximize their
production in order to fill the gap in power generation in the GCC states.
"Qatar has come close to its historic target of expanding the LNG
production capacity to 77 million tons a year which will definitely be an
advantage for the entire GCC region," Al-Thani added.
Under the patronage of Qatari Deputy Prime Minister and Minister of Energy
and Industry Abdullah bin Hamad Al Attiyah, the three-day Annual Power-Gen
Middle East conference and exhibition will kick off at the Doha International
Exhibition Centre with 120 exhibitors from over 50 countries - including
Qatargas - participating. (end)
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