(MENAFN- Gulf Times) Qatargas CEO Sheikh Khalid bin Khalifa al-Thani has said LNG will play a major role in a sustainable energy future as it represents an "attractive" alternative to "unsustainable, higher priced, higher polluting, and less reliable" energy options.
He was delivering a keynote speech on the theme "Natural Gas: A Core Pillar of a Sustainable Energy Future" at the World Gas Conference 2015 in Paris.
As the global focus on climate change continues, countries around the world are seeking to diversify their energy mix with a focus on clean-burning fuels. Qatargas is proud to play an important role in meeting this global demand for reliable and cleaner sources of energy, Sheikh Khalid said.
In his speech, he dwelt upon Qatargas' commitment to responsible resource utilisation and the highest standards of environmental protection, which are fundamental requirements enshrined in Qatargas' direction statement and vision.
He outlined the various initiatives through which Qatargas continues to promote the use of state-of-the-art solutions to further improve the environmental performance of its production facilities.
As the world's population continues to grow, the demand for power generation will rise, Sheikh Khalid pointed out. However, at a time when there is an increasing focus on climate change, and specifically, on the need to reduce greenhouse gas emissions, the use of fossil fuels needs to be properly managed.
He called for greater use of natural gas as a key solution to this challenge. The increased use of natural gas-fired power plants is inevitable due to their significantly lower emissions.
Sheikh Khalid's speech also forecast increasing synergy between renewable energy and natural gas, allowing for reduced dependence on coal and resulting in a low-carbon, clean environment.
He said the wide availability and comparatively lower cost of coal were greatly outweighed by the serious negative impacts of its use on people's health and the environment.
"Renewable energy sources alone cannot meet the world's demand for sustainable, clean energy. No energy portfolio can be considered reliable without natural gas.
"The increasing use of natural gas is indispensable to ensuring the supply of cost-effective, clean and reliable energy to the world," Sheikh Khalid said.
In addition to the keynote speech by the CEO, Qatargas, the principal sponsor of the conference, is also presenting five other papers, covering various topics including LNG supply and demand, long-term sustainability of LNG markets and greenhouse gas emissions study.
Qatargas is also participating as part of the Qatar Petroleum pavilion in the exhibition being held in parallel with the conference.
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