Oil Minister chairs 97th OAPEC meeting
KUWAIT: Kuwait’s Minister of Electricity and Water, and Minister of Oil Essam Abdulmohsen AlMarzouq is set to preside over the 97th meeting of the Organization of Arab Petroleum Exporting Countries (OPEC), to be held in Cairo, Egypt on December 22, 2016, said OAPEC’s Secretary General Abbas Ali Al-Naqi.
Ministers of oil and energy from the member states will attend the meeting that will discuss OAPEC’s budget (the General Secretariat and the Judicial Board) for 2017, besides appointing an audit for the organization’s 2017 accounts, Naqi said yesterday. The ministerial meeting will also review the 2016 activities of OAPEC’s Secretariat, including environment affairs and climate change. The Secretariat, in line with directives from the OAPEC’s Executive Bureau, is following up developments of the UN Framework Convention on Climate Change (UNFCCC), and the ensued legal mechanisms after the 2015 Paris Agreement.
In addition, the Cairo meeting will review the studies prepared by the General Secretariat during the second half of 2016, including one on the power mixture in the member states, the present and opportunities for diversification.
According to Naqi, the ministers will be briefed on a report on the 22nd Conference of the Parties to the UNFCCC (COP 22) recently held in Morocco. Names of winners of the OAPEC scientific awards for 2016 will be announced during the meeting. — KUNA
Minister Essam Al-Marzouq