Saad Sherida al-Kaabi

Saad Sherida al-Kaabi (Arabic: سعد شريدة الكعبي) is the current Minister of Energy in Qatar, and the President and CEO of QatarEnergy, the state owned corporation which operates all oil and gas activities in the State of Qatar.[1]

Saad Sherida al-Kaabi
Saad Sherida al-Kaabi, 2017
Minister of State for Energy
Assumed office
2018
Personal details
NationalityQatari
EducationB Sc in Petroleum and Natural Gas Engineering from Pennsylvania State University (1991)
Alma materPennsylvania State University

Education

Al-Kaabi attended Pennsylvania State University in 1986 where he studied petroleum and natural gas engineering. He graduated in 1991 with a Bachelor of Science degree in petroleum and natural gas engineering.[2]

Career

Al-Kaabi joined QatarEnergy in 1986 during his studies at Pennsylvania State University.[3]

After graduation, al-Kaabi joined QatarEnergy's Reservoir & Field Development Department. In the following years, he held various positions in petroleum engineering as well as technical, commercial and supervisory positions.[3] Eventually he became Manager of Gas Development, with responsibility for the management of the North Field.[4] He and his team are credited with launching and implementing different gas projects in short time periods and thus contributing to Qatar's rise in LNG and GTL.[3]

In 2006, al-Kaabi became the Director of QatarEnergy’s Oil & Gas Ventures Directorate, responsible now for all of Qatar's oil and gas fields and all exploration activities. In September 2014, al-Kaabi was appointed as QatarEnergy's Managing Director. He later became President and Chief Executive Officer (November 2014) as part of a major re-organization of QatarEnergy.[5][6]

Al-Kaabi is the chairman of Industries Qatar, a large cooperation overseeing several of the emirate's industrial efforts and dealing primarily in petrochemicals, steel and fertilizers.[7] He is also chairman of Gulf Drilling International and Adriatic LNG terminal.[2]

In 2018, al-Kaabi was appointed to be Qatar's Minister of State for Energy Affairs.[8][9]

In April 2021, the first Net-Zero Producers Forum (NPF) was held by representatives of 40% of the worlds gas and oil production.[10][11] At the NPF in Houston, Texas in March 2022, al-Kaabi signed the Terms of Reference (ToR) along with Secretary of Energy of the United States Jennifer Granholm, Minister of Energy of the Kingdom of Saudi Arabia Prince Abdulaziz bin Salman, Minister of Natural Resources of Canada Jonathan Wilkinson and the Deputy Minister of Petroleum Resources of Norway Amund Vik.[12][13][14]

In February 2022, he chaired the Gas Exporting Countries Forum (GECF) in Doha, in which he pointed out the importance of pushing natural gas and promoting growth that is sustainable in the gas industry.[15]

Energy crisis

Due to the situation with Russian gas distributions, al-Kaabi met with Germany's Vice Chancellor and Minister for Economic Affairs and Climate Action of Germany, Robert Habeck in March 2022. They spoke of the possible LNG terminals that were to be built in Germany and also to discuss long-term LNG supplies to be delivered to Germany from Qatar.[16][17][18]

In February 2022, al-Kaabi met with European Union's Commissioner for Energy Kadri Simson to discuss the assistance that Qatar could provide Europe. During the virtual meeting possible supply options were explored in the event that Russia cuts the gas off to European regions.[19][20] He stated that the possibility of Qatar assisting would be there but to cover the full needs of the EU with their supplies was not foreseeable.[21] With the diversion of supplies, 15 percent of Qatars LNG which is not in long-term contracts already could be used to assist the EU and slowly remove them from the Russian supply demands.[22] As the crisis continued, and further issues from Russia occurred, al-Kaabi stated in March 2022 that the supplies going to the EU will not be disrupted or diverted.[23][24]

In May 2022, Germany and Qatar signed an agreement to a long-term plan and focuses on their energy partnership.[25][26]

References

  1. "Message from the President & CEO". www.qp.com.qa. Retrieved 2018-02-27.
  2. "Saad Sherida Al-Kaabi: Executive Profile & Biography - Bloomberg". www.bloomberg.com. Retrieved 2018-02-27.
  3. "Al-Kaabi is appointed QP managing director". Gulf-Times (in Arabic). 2014-09-14. Retrieved 2018-03-01.
  4. "Saad al-Kaabi: 'The blockade has made Qatar stronger'". www.aljazeera.com. Retrieved 2018-02-27.
  5. Mughal, Waqar. "Saad Sherida Al-Kaabi - Top 100 CEO,s 2022". Forbes Lists. Retrieved 2023-08-10.
  6. "H.E. Saad Sherida Al-Kaabi – Energy Intelligence's Energy Executive of the Year 2022". www.energyintelligenceforum.com. Retrieved 2023-08-10.
  7. "Industries Qatar". ArabianBusiness.com. Retrieved 2018-04-21.
  8. "Energy Minister Saad Sherida al-Kaabi named 'Energy Executive of the Year'". Gulf Times. 2022-04-04. Retrieved 2023-08-10.
  9. "H.E. Saad Sherida Al-Kaabi, Qatar's Minister of State for Energy Affairs and President and CEO of QatarEnergy, Named Energy Intelligence's Energy Executive of the Year 2022". Energy Intelligence. 2022-04-04. Retrieved 2023-08-10.
  10. Ugal, Nishant (2022-03-07). "QatarEnergy sets 'aggressive target' to scale up CCS and solar power by 2035". Upstream Online | Latest oil and gas news. Retrieved 2023-08-29.
  11. "Qatar to encourage transition to low-carbon energy". thepeninsulaqatar.com. 2022-03-21. Retrieved 2023-08-29.
  12. "Minister Al Kaabi signs Net-Zero Producers Forum's Terms of Reference". thepeninsulaqatar.com. 2022-03-11. Retrieved 2023-08-29.
  13. "Qatar, US, Saudi Arabia, Canada and Norway join efforts for net zero emission strategies". Gulf Times. 2022-03-10. Retrieved 2023-08-29.
  14. "U.S. Secretary of Energy Jennifer M. Granholm Hosts The First Net-Zero Producers Forum Ministerial in Houston". Energy.gov. Retrieved 2023-08-29.
  15. "Minister Al Kaabi chairs GECF's extraordinary ministerial meeting". thepeninsulaqatar.com. 2022-02-22. Retrieved 2023-08-10.
  16. Pekic, Sanja (2022-03-21). "QatarEnergy talks long-term LNG supplies to Germany". Offshore Energy. Retrieved 2023-08-29.
  17. "Minister Al Kaabi meets Germany's Vice Chancellor". thepeninsulaqatar.com. 2022-03-20. Retrieved 2023-08-29.
  18. "Al-Kaabi meets Germany's vice chancellor and Minister for Economic Affairs". Gulf Times. 2022-03-20. Retrieved 2023-08-29.
  19. "Minister al-Kaabi meets European Commissioner for Energy". Gulf Times. 2022-02-01. Retrieved 2023-09-05.
  20. Ugal, Nishant (2022-02-02). "Qatar says European gas demand". Upstream Online | Latest oil and gas news. Retrieved 2023-09-05.
  21. "Qatar says it cannot unilaterally replace Europe's gas needs in case of shortage". Reuters. 2022-02-01. Retrieved 2023-09-05.
  22. "Qatar can divert 15% of gas supplies". Middle East Monitor. 2022-02-22. Retrieved 2023-09-05.
  23. "Qatar will continue supplying Europe with gas -minister". Reuters. 2022-03-25. Retrieved 2023-09-05.
  24. Video: Qatar Energy Minister: We won't divert gas out of Europe 'in solidarity' | CNN Business, 2022-03-24, retrieved 2023-09-05
  25. "Germany, Qatar sign energy partnership agreement". Reuters. 2022-05-20. Retrieved 2023-08-29.
  26. "Germany signs energy partnership with Qatar – DW – 05/20/2022". dw.com. Retrieved 2023-08-29.
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