Muscat, The prestigious Gas and LNG Middle

East Summit was held at Oman Convention and Exhibition Centre

today under the patronage of Dr. Mohammed bin Hamad al-Rumhy,

Minister of Oil and Gas.

The Summit, a collaboration between Oman LNG and Wisdom

Events, is attended by many senior level executives and gas experts

from the global gas industry.

In his welcoming note, Dr. Mohammed al-Rumhy indicated that

the Gas and LNG Summit is timely considering the growth in the Gas

and LNG industry in the Middle East as they have become an

important commodity. The whole region now are discussing the value

and importance of gas and LNG.

He further mentioned that we have been blessed with new

discoveries where LNG is discussed in the future plans.

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.

The conference provides an opportunity for officials, decision-

makers and specialists in the gas and LNG sectors to share

knowledge, raise awareness and discuss the 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 panel sessions provide an opportunity for government

representatives and industry professionals to share knowledge, raise

awareness and discuss technical enhancements and safety challenges

related to this bourgeoning industry.

Holding an event of this magnitude enables the multitude of

wonders Oman has in abundance � from its strategic geographic

location, well-developed venues to the beautiful natural splendours this

country boasts � to be showcased internationally.

With all eyes on the current economic shifts in the global oil and

gas industry and numerous gas opportunities arising in this region, in

the Sultanate of Oman in particular, the time could not be better to

host this event in the region accompanied by reputable government

and industry partners, and key gas experts.

Over the course of the next few days, we look forward to learning from

each other and sharing knowledge. 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, Harib al-Kitani, Chief Executive Officer

(CEO) of Oman LNG, shared.

Oman supplies a critical three per cent (3%) of liquefied natural

gas to meet demand in international LNG trade and its volumes are

pivotal in keeping the balance of supply and demand.

The global liquefied natural gas market needs are expected to develop

much faster than pipeline gas trade due to the flexible nature of

liquefied natural gas and its accessibility to countries. Natural gas

possesses a list of properties that combine to make it a more desired

energy option, such as its non-toxic nature, ability to float on water,

being odourless and colourless, and lighter than air when burned. As

the global energy industry turns to renewables, liquefied natural gas is

perfectly positioned to provide solutions for the mid to long term.

The LNG industry is also a significant contributor to a steadily

increasing quality of life for citizens and residents in the Sultanate of

Oman through its execution of a wide swath of social investment

programmes that addresses many economic and social needs. Export

of Oman’s first cargo was in 2000 and since then proceeds from the

blossoming trade have supported what some observers have described

as an ambitious diversification programme that has spurred growth in

other important sectors of the economy including tourism, agriculture

and the spread of vital infrastructure that support businesses and daily

life.

Source: Oman News Agency