Natural gas will play a leading role as a part of national energy strategies as governments look to reduce their carbon footprints and recover from the economic impacts of the COVID-19 Pandemic, Majid Jafar, CEO of Crescent Petroleum and Managing Director of the Board of Dana Gas, the region’s oldest privately owned upstream oil and gas company, told an audience of business leaders and policymakers at the Atlantic Council Global Energy Forum.
As countries commit to more ambitious decarbonisation goals while seeking to boost economic activity in the wake of the pandemic, natural gas offers a reliable and lower carbon solution for developing countries with growing energy needs as they move away from coal and seek to complement renewable energy, Jafar said in his virtual address.
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