The energy industry will meet in Dubai next month to address sustainable progress and the importance of diversification of gas reserves.
It follows a recent report prepared by the Dubai Carbon Centre of Excellence and the United Nations Development Programme.
Mounir Bouaziz, VP MENA Region for Shell, commented in the report that increased global demand for energy will: “continue to lead to revised fuel choices and an increased level of energy-mix diversification trends”.
Echoing Bouaziz’s comments, Dr. Peter Bartlett, CEO of the Bahrain Petroleum Company stated: “In an era of rapid change in energy markets in the middle east and around the globe, sustainability, social responsibility and cost efficiency have never been more critical.
“The 10th anniversary of the Gas Arabia Summit provides vital platform for leaders throughout the region to discuss the issues that will impact our energy future.”
Both Bouaziz and Dr. Bartlett will be addressing the 10th anniversary of the summit, taking place in Dubai from the 13 – 15 January, 2015 at Sheraton Grand Hotel.
Held in partnership with the Dubai Supreme Council of Energy and supported by the World Bank’s Global Gas Flaring Partnership, BP and TOTAL, the Summit will celebrate the achievements of the past decade while addressing the challenges that lay ahead.
The summit Programme will be exploring the region’s supply demand equation and the solution to potential deficits created by rising industry demand.
Speaking about the summit, Nikki Mackay, project director, The Energy Exchange, said: “According to the International Energy Agency’s 2014 World Energy Outlook, the Middle East is one of two key growth areas for gas demand.
“With predictions placing global gas use level with coal as the second largest fuel in the global energy mix by 2040, the Middle East is recognising that diversification is essential and is looking towards sustainability initiatives, strategic partnerships and technological advancement.”