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Al-Naimi says Summit will generate OPEC solidarity
Riyadh, Saudi Arabia, November 16, 2007, SPA- In response to an
invitation from the Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz,
the Kingdom of Saudi Arabia will host tomorrow the Third summit meeting of the leaders
of members of the Organization of Petroleum Exporting Countries (OPEC).
In a statement to the Saudi Press Agency, Minister of Petroleum and Mineral Resources
Eng. Ali bin Ibrahim Al-Naimi said that the two-day summit will have a great impact
on the solidarity of OPEC and on the international cooperation in the field of petroleum
and energy.
"This summit has a special importance because it is convened in the Kingdom -- the
biggest oil producing country in the world, and also because the Kingdom has been
adopting moderate policies," Al-Naimi added.
He noted that the Kingdom is keen on promoting cooperation among OPEC members, between
OPEC and Non-OPEC oil
producing countries as well as fostering cooperation with the consuming countries.
Al-Naimi said the summit will focus on security of petroleum supplies, contribution
to the prosperity of the nations of the world through economic growth, notably the
economies of the developing countries in addition to the problem of environment.
Al-Naimi said the summit will be characterized by wide-ranging activities accompanying
the summit, notably the international exhibition of petroleum and gas as well as
the international petroleum seminar. |
