During this morning’s Ministerial Panel at Gastech 2023, Tarek El Molla, Egypt’s Minister of Petroleum and Mineral Resources, shared valuable insight on the rapid expansion of natural gas and liquified natural gas (LNG) in the region.

“We have all agreed that natural gas is the best choice for the energy transition. Egypt has built on the momentum of COP27, but continued investment, as well as sustained cooperation among countries, is very much needed,” El Molla said.

The ministerial panel featured key insights on the growth of climate-focused projects in the Southeast Asian region. Bapak Tutuka Ariadji, Deputy Minister of Energy and Mineral Resources in Indonesia, stated: “The very important role of the government is to make new and attractive regulations for emissions-reducing systems, like CCUS. We need to continue to develop the infrastructure around gas”.

Meanwhile, Nigeria’s Minister of State Gas and Petroleum Resources Ekperike Ekpo highlighted the natural gas ambitions that his country, and many others in the region, are relying on. He stated that “in Nigeria, there is a clear direction towards the decade of gas. Our goal is to increase gas production in order to satisfy both local and international needs. Part of my reason for being here is to say that Nigeria is open for investment, so investors can come in and take advantage of good and supportive policies.”