(MENAFN - Muscat Daily) Muscat- A two-day Gas & LNG Middle East Summit began on Monday under the patronage of H E Dr Mohammed bin Hamad al Rumhi, Minister of Oil and Gas, at the Oman Convention and Exhibition Centre.
An exhibition was also organised on the sidelines of the event. The summit with Oman LNG as the key sponsor is being organised in collaboration with Wisdom Events and will be attended by many senior level executives and gas experts from the global gas industry.
While delivering the welcome note at the event, H E Rumhi indicated that the Gas & LNG Summit is timely considering the growth in the gas and LNG industry in the Middle East as those have become an important commodity. 'The whole region is now discussing the value and importance of gas and LNG. We have been blessed with new discoveries' where LNG is discussed in the future plans, he said.
He added that the Middle East will continue to be a major hub for gas and LNG in the coming years. 'There is massive growth of LNG import in the east of our region,' H E Rumhi said.
Echoing similar sentiments, Harib al Kitani, CEO of Oman LNG, said, 'With senior leaders, partners and experts in the gas industry here with us, we have an invaluable opportunity to discuss the role of natural gas today, and in the near future. There is no doubt new insights and added-value will be brought to the global gas industry.'
The conference is expected to provide an opportunity for officials, decision-makers and specialists in the gas and LNG sectors to share knowledge and raise awareness about the likely challenges the sector can face going forward. It also provides a platform to discuss strategic options and solutions offered by natural gas suppliers and service providers in terms of sustainability of energy availability and its pivotal role in social and economic development, the organiser of the event said in a release.
Oman, which started exporting LNG in 2000, currently supplies three per cent of global LNG demand and is trying hard to increase its share in global trade of the commodity.