10th Energy Conference vital to bolster Arab oil cooperation

The 10th Arab Energy Conference currently held in Abu Dhabi offers an ideal chance to exchange oil expertise among the Arab countries, Secretary General of the Organization of Arab Petroleum Exporting Countries (OAPEC) Abbas Ali Al-Naqi said on Monday.
It is also a good occasion to discuss issues of common interest, Al-Naqi told KUNA on the sidelines of the conference organized by OAPEC, December 21-23, under the theme: "Energy and Arab Cooperation." The event is held under patronage of UAE President Sheikh Khalifa bin Zayed bin Sultan Al Nahyan.
The three-day discussions tackle current developments in the oil and natural gas markets and the implications on the Arab countries and investment requirements to develop the energy sector in Arab World, in addition to issues on energy, environment, and sustainable development, he said.
Participants will also address energy resources, consumption and conservation in the Arab countries, as well as Arab electricity interconnection and technological developments, he noted.
The conference is seeking to establish an Arab institutional framework to review oil and energy issues in order to develop a Pan-Arab perspective, besides coordinating relations among Arab institutions concerned with energy and development.
The gathering also seeks to harmonize energy policies with development issues, investigate present and future Arab energy requirements and the means of meeting them.
Kuwait's delegation to the conference includes Minister of Oil and Minister of State for National Assembly Affairs Ali Al-Omair, Minister of Public Works and Minister of Electricity and Water Abdulaziz Al-Ibrahim.
Source: KUNA