Qatar keen to transition to clean energy hub: Kishida

  • Date: 19-Jul-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:Qatar
  • Who else needs to know?

Qatar keen to transition to clean energy hub: Kishida

Three oil and gas-producing Gulf states – Qatar, Saudi Arabia and the UAE – are keen to transition into exporters of clean energy and diversified industries, signifying a pivotal shift towards sustainable economic transformation, Japanese Prime Minister Fumio Kishida has said. Speaking to reporters at a press conference as part of his state visit to Qatar Tuesday, Kishida underlined the strong will of these Gulf nations to move away from their current economic reliance on energy exports, which contribute to over half of their national revenue. By leveraging the respective strengths of the Gulf countries and Japan, he said that oil and gas producers in the Middle East envision a transformative future as a global clean energy hub, exporting decarbonised energy and clean minerals. “Leaders and I agree to promote multilayered cooperation in extensive areas including energy, diversified economic relations, security and soft power can confirm that such cooperation is underpinned by our common goal of a free and open international order based on the rule of law,” Kishida said. He noted that this transformation would contribute to addressing the challenges faced by Asian and African countries in terms of growth and decarbonisation, leading to world peace and prosperity. According