320
39
th
Annual Report
dialog and cooperation among producing and consuming countries. It is this
path that is needed for addressing the challenges being faced in the global
energy needs.
In addressing energy challenges, His Excellency added that the future
fossil energy accounted for approximately 83% of the global energy
consumption, with a continued expected 80% supply. With most forecasts
indicating that global demand for energy will rise by 2040 when compared
2010 demand needs.
He pointed out that the state of Qatar has become the largest producer of
liquefied natural gas in the world with a capacity of 77 million tons per year,
confirming Qatar’s commitment to reduce harmful gas emissions as part of
global efforts to address the influence on climate change.
His Excellency forecasted future expectation of natural gas will replace
coal after oil by 2040.
The General Secretariat was represented by Mr. Abdul Karim Ayed,
Economic Expert – Economics Department.
3.13 2
nd
Gas Data Transparency Conference
In response to an invitation by His Excellency the Secretary General
of International Energy Forum (IEF), OAPEC General Secretariat
participated in the events of the “2
nd
GasDataTransparencyConference”,
which was held in Doha – Qatar during the period 22-23 May 2012.
The Conference aimed at evaluating availability of gas data,
reviewing expertise at local, regional and global levels with regard to
gas data collection, and discussing adequate conditions to establish
a mechanism for collection of monthly gas data, as a global gas data
transparency initiative.
The Conference convened in response to the persistent invitation by
the Ministers of Energy during the 13
th
IEF Ministerial Meeting, held in
the State of Kuwait during the period 12-14 March 2012 to expand the