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Gas exporters bet for global growth with less pollution

The Forum of Gas Exporting Countries (FPEG) today defended the use of that hydrocarbon, "the cleanest of fossil fuels", to accompany the world growth in the next 23 years with less environmental pollution.

La Paz, 21 Nov (EFE) .- The Forum of Gas Exporting Countries (FPEG) today defended the use of this hydrocarbon, "the cleanest of fossil fuels", to accompany the growth world in the next 23 years with less environmental pollution.

This was expressed by the secretary general of the FPEG, Mohammad Hossein Adeli, at the meeting of the Joint Organizations Data Initiative (JODI-Gas), the first event planned on the agenda of the IV FPEG Summit in the Bolivian city of Santa Cruz (east), which will have the participation of ministers and oil companies.

The only presidents who have confirmed their attendance to the summit scheduled for Friday are Equatorial Guinea, Teodoro Obiang Nguema, and the Venezuelan. Nicolás Maduro, in addition to the host of the event, the Bolivian Evo Morales.

Hossein said that it is estimated that global economic growth by 2040 will be 3.6% on average and global energy demand will increase by almost 29%.

"There is no doubt that the world will need more energy in the next 23 years (...) Many energy sources are going to be used, but the cleanest of fossil fuels is going to be gas and if we are really committed to the world's environmental concerns, we have to use gas ", held.

He stressed that natural gas "is the fuel of choice for the future" because it is the only source of energy that can effectively reduce and mitigate the emission of carbon dioxide.

Hossein made this claim based on a study conducted by the FPEG in 56 countries over the past 15 years, in which the agency was able to verify that in the places where gas is used "have been able to reduce, mitigate the emission of carbon dioxide".

Projections of future fuel use show that coal will be "the largest loser "of the market, with a decrease of 27 to 20%, said the secretary general of the FPEG.

Oil will decrease from 32 to 29%, while gas will rise from 22 to 26% and Renewable fuels will increase from 12 to 17%, Hossein said.

The forum representative highlighted the commitment of the agency and its member countries to guarantee the provision of natural gas in the next 23 years "in a very reliable way", contributing "to the stability and sustainability of the market".

In addition to Hossein, the inauguration President Evo Morales, his Minister of Hydrocarbons, Luis Sánchez, the ministers, deputy ministers and other authorities of the energy area of ​​the member countries of the FPEG, and representatives of five of the organizations that are part of the JODI-Gas.

In turn, Morales defended the policy of naturalization of natural resources launched by his Government as of 2006, that allowed to improve the economic situation of his country.

The Bolivian leader affirmed that when he arrived at the Presidency, "the Bolivian economy was dismembered as the leader indigenous Tupac Katari ", because the State had no control and there was" a permanent looting "of natural resources.

" As democratically elected president, I obeyed the request It was clamorous to nationalize, recover, nationalize this important natural resource for Bolivia, "affirmed Morales.

He argued that now Bolivia has" its own model "to manage its natural gas and highlighted that achievements were achieved such as poverty reduction and the growth of the domestic market.

The Government of Morales decreed the nationalization of hydrocarbons in May 2006, four months after taking office, and forced the transnational oil companies operating in Bolivia to sign new contracts.

The Bolivian leader He also assured that the private investment that is framed in the national regulations is guaranteed and is welcome, but he emphasized that he will not allow the companies to seek "to enrich themselves illegally "or that they do politics to" conspire "against their Government.

The agenda includes an international seminar in which executives from 19 oil companies will present this Wednesday presentations before an audience of 800 people and the meeting of ministers will also take place to refine the final document of the event that will be approved on Friday at the summit of heads of State.

Russia, Iran, Qatar, Algeria, Bolivia, Egypt, Equatorial Guinea, Libya, Nigeria, Trinidad and Tobago, Venezuela, and Arab Emirates (countries of full right), Holland, Iraq, Oman, Peru, Norway, Kazakhstan, and Azerbaijan (observers) make up the forum.

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