Al Attiyah to launch ME''s first energy think tank

Date

10/5/2015 8:33:00 AM

(MENAFN- The Peninsula)

DOHA: Qatar’s former Minister of Energy and Deputy Prime Minister H E Abdullah bin Hamad Al Attiyah (pictured) will launch the Middle East’s first think-tank committed to the creation of knowledge and solutions critical to the future of the regional and international energy system.

The mission of The Abdullah Bin Hamad Al Attiyah Foundation for Energy and Sustainable Development will be to provide information programmes research and publications so that the knowledge insights and wisdom of Al Attiyah may be preserved and built upon for the benefit of future generations in Qatar and for a global audience of stakeholders.

The Foundation will look to help tackle such challenges as energy efficiency. As the rest of the world grows more energy efficient in economic terms most of the GCC is going the other way using ever more energy to produce a unit of economic growth and becoming less competitive in the process.

If these long-term consumption trends continue the Gulf States are forecast to be just a few decades away from relinquishing their long-held roles as global energy suppliers.

“I am a man who smells energy lives energy. I cannot change” said Al Attiyah who will host the gala launch for the institute bearing his name on November 1 in Doha.

“I would like to see the Foundation become the leading think-tank in the region and one of the world’s leading institutions in the areas of energy and sustainable development” he said.

The Board of the Al Attiyah Foundation will consist of a group of distinguished individuals from the past and present leadership of Qatar Petroleum including Saad Al Kaabi President & CEO of Qatar Petroleum and Dr Ibrahim Ibrahim Economic Adviser to Emir H H Sheikh Tamim bin Hamad Al Thani.

All the board members who currently hold multiple directorships in Qatari oil and gas companies financial institutions and in the diplomatic service served with Al Attiyah during his 20 year-tenure leading the transformation of Qatar’s oil and gas industry.

“We will advise governments and companies on how to build their own projects; how to cut the fat in their expenses; how to avoid market shocks; how to make the right calculations and how to plan ahead both in the short-term and the long-term” he said.

The Peninsula

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