The importance of cooperation between resources holders and companies to solve the energy challenges which regional governments and companies are set to face in the future was stressed by Ahmed Al Arbeed, CEO Dana Gas, while speaking at the World Economic Forum on North Africa Middle East summit.

The WEF-Mena event themed: “Purpose, Resilience and Prosperity” was held in Morocco.

Al Arbeed was one of the leading panelists and delivered the opening note of the energy session titled “Solving the new energy equation”. In his address which took place on the first day of the event, the Dana Gas chief outlined the key components involved in solving the energy challenges which regional governments and companies are set to face in the future, emphasising the importance of cooperation between the two sides.

Al Arbeed added: “Energy stability can be realised by the cooperation between resources holders and companies to get the best of the energy resources. The cooperation would establish bare essentials to prosperity, including common interest and a power-balance, as both parties work in tandem together to address the needs of resource-holders, investors and consumers.”

Dana Gas was one of the leading and the only energy company summit supporter of the event. The company delegate to the summit included Shaikha Hanadi AlThani, director of the board.

The 2010 WEF on Middle East and North Africa Summit was attended by more than 1,000 top government, business and civil society leaders to share insight into the challenges and solutions facing the region's development and growth.