Qatar: Singapore and Qatar have joined hands in a significant partnership, aiming to advance their collaboration in the fields of liquefied natural gas (LNG) and low-carbon technology. This recent development was solidified through the signing of a memorandum of understanding (MoU) between the two nations.
Emphasizing their long-term commitment, the MoU specifically focuses on fortifying the LNG supply chain connecting Singapore and Qatar. The objective is to ensure a robust and reliable flow of LNG between the two countries.
Furthermore, the agreement highlights the shared interest of Singapore and Qatar in promoting knowledge exchange and technical cooperation concerning LNG. Both nations are eager to explore collaborative opportunities in carbon capture storage, further emphasizing their dedication to sustainable and low-carbon solutions.
Expressing her satisfaction with the signed agreement, Minister of State for Trade and Industry, Low Yen Ling, stated, “I am pleased to have signed the MOU on LNG and Low-carbon Technology cooperation with Qatar today. As a small state with limited natural energy resources, deepening the collaboration and engagement with key energy partners such as Qatar will strengthen our own energy resilience and security.”
She further added, “We look forward to further strengthening our bilateral relations for the mutual benefit of our economies and people.”
This partnership is expected to yield numerous benefits for both economies and their people. Minister of State for Energy Affairs and President and CEO of QatarEnergy, Saa Bind Sherida Al Kaabi, represented Qatar in the signing ceremony.
The collaboration between Singapore and Qatar in the areas of LNG and low-carbon technology marks a significant step forward in their shared pursuit of sustainable and secure energy solutions. Through knowledge sharing and technical cooperation, the two countries aim to foster a mutually beneficial partnership that will contribute to the long-term resilience and prosperity of their respective economies.