Kuwaiti Oil Barrel Price75.11 Date:22-11-2024

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The 110th meeting of the OAPEC Council of Ministers at the level of representatives of the oil and energy ministers of the member states

28-05-2023

Statement issued by the “110th” meeting of the Council of Ministers of the Organization of Arab Petroleum Exporting Countries (at the level of delegates), State of Kuwait - May 28, 2023 The Organization’s Council of Ministers held its 100th meeting of the Organization’s Council of Ministers at the level of delegates of Their Highnesses and Excellencies the ministers of oil and energy in the member states on Sunday 8 Dhu al-Qi’dah 1444 AH corresponding to May 28, 2023 AD in the State of Kuwait, chaired by His Excellency Eng. Naseer Aziz Jabbar, representative of the Republic of Iraq in the executive office of the organization, which has the presidency of the current session of the Council. Their Excellencies members of the executive office of the organization discussed a set of topics on the agenda of the council related to the work and activities of the organization, including: - Approval of the final accounts of the organization for the year 2022. - Developing and restructuring the work of the organization, while developing its activities and reviewing the systems and laws that govern its work, in a way that is compatible with the challenges and emerging developments in the field of energy. The preparations for the Twelfth Arab Energy Conference, to be held in the State of Qatar on December 11 and 12, 2023, at the kind invitation of His Excellency Eng. Saad bin Sherida Al Kaabi - Minister of State for Energy Affairs, Managing Director and CEO of Qatar Energy. - The OAPEC Award for Scientific Research, which is awarded every two years and its field for the year 2022 is "Decarbonization Technologies in the Petroleum Industry and Circular Economy". - The report of the Secretary-General on the activities of the General Secretariat represented in the preparation of economic and technical studies, follow-up reports on the global petroleum situation, environmental affairs and climate change, the progress of work in the data bank, and the activities organized by the General Secretariat, in which it participated and which it will organize during the year 2023. This meeting issued a number of ministerial decisions related to some of the topics on its agenda, so that the General Secretariat of the organization would put those decisions into actual implementation. The Council concluded its meeting by expressing its thanks and appreciation to the State of Kuwait for hosting this meeting, and to the General Secretariat of the Organization for the good organization and preparation for it. Kuwait: 8 Dhu al-Qi`dah 1444 AH corresponding to May 28, 2023 AD

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