The Minister of Economy of Malaysia Dr Dato' Sri Mustapa Mohamed said that his country shares the same concern with gas exporting countries regarding the gas industry in light of the threats related to the variables resulting from the Covid-19 pandemic and market fluctuations that threaten the recovery of the global economy, in addition to the pressures increasing on the general economic environment and its impact on the industry.
In a speech at the 6th GECF Summit in Doha on Tuesday, he said that natural gas will play an important role in the long run, especially in light of the transformations the world is witnessing with everyone entering a transitional phase that requires clean energy with low carbon emissions.
The minister stressed the need to strengthen dialogue between gas producing countries with the aim of exchanging experiences and making gas the preferred fuel in the energy mix during the transitional period.
He pointed out that Malaysia has put in place various policies to achieve a low carbon and fossil fuel economy, in addition to a reliance on clean energy.
He expressed hope that the forum will continue to enhance co-operation between the various parties and develop strategies with a view of achieving a green economy.
In a speech at the 6th GECF Summit in Doha on Tuesday, he said that natural gas will play an important role in the long run, especially in light of the transformations the world is witnessing with everyone entering a transitional phase that requires clean energy with low carbon emissions.
The minister stressed the need to strengthen dialogue between gas producing countries with the aim of exchanging experiences and making gas the preferred fuel in the energy mix during the transitional period.
He pointed out that Malaysia has put in place various policies to achieve a low carbon and fossil fuel economy, in addition to a reliance on clean energy.
He expressed hope that the forum will continue to enhance co-operation between the various parties and develop strategies with a view of achieving a green economy.