ACWA Power International – majority stake owner in Central Electricity Generating Company (CEGCO) which specializes in developing power generation and desalinated water production plants across the Middle East – hosted on 5 June, 2014, the Arab Energy Club (AEC) Meeting.
The AEC was established in 2009 and its membership is drawn from academics and professionals interested and working on energy related issues in the region.
The AEC Meeting drew the participation of AEC members and invitees, as well as a group of CEGCO representatives. Featuring a prominent group of speakers from the region and beyond, the Meeting delivered critical industry insights, tackled current sector challenges, and touched on the latest market trends and opportunities. In particular, speakers delved into the current global energy issues, the impact of shale gas on the region’s petrochemicals and the future prospects of renewables in power generation in the region.
Commenting on the event’s importance in today’s climate, ACWA Power International Chairman Mohammed Abunayyan said, “As the region’s energy mix begins to shift and realign to accommodate heavier market demands, governments and power sector stakeholders must rise to the occasion by working as one in tackling our biggest developmental obstacles. The AEC Meeting presented a unique opportunity for regional players to touch base and learn from peer experiences, and we look forward to continuing to support the AEC in its future endeavors.”
In turn, AEC President Majid Al Moneef stated, “During the AEC Meetings, we strive to cover a broad range of industry topics and shed light onto key obstacles and opportunities within the region’s dynamic energy sector. As such, we are very pleased with the level of involvement and expertise witnessed at the AEC Meeting in Jordan this year, as well as with the successful cooperation with CEGCO which contributed to the success of this meeting.”
Sunday, June 8- 2014 @ 15:30 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.