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Formed by a regional inter-governmental organisation, OAPEC was established in Beirut on January 9, 1968 by Kuwait, Libya and Saudi Arabia.
It also included reports on OAPEC Secretariat activities in various fields, functions organised by the Secretariat, studies and surveys it had conducted, and progress achieved so far in the OAPEC databank.
He added that the future goals of the OAPEC countries on the use of renewable power in the energy mix is to meet the increasing demand for electricity, noting that the study that was prepared by the organization aims to assess the current situation of the power mix in the member countries and to explore its main features as well as exploring diversification prospects in the energy mix in these countries, according to the perspective of the resources available of the stated objectives.
OAPEC chief thanked the minister for his appointment to his post, and wished him every success.
According to Kuwait News Agency, or Kuna, the meeting will group representatives of the bureau member states and will be chaired by Hassan Al Rafeei of Iraq, the head of the Ministerial Council and the Executive Office, according to an OAPEC statement released on Thursday.
The other OAPEC member states holding stakes in APICORP beside Libya are: the United Arab Emirates (17%), Bahrain (3%), Algeria (5%), Saudi Arabia (17%), Syria (3%), Iraq (10%), Qatar (10%), Kuwait (17%), and Egypt (3%).
The country will resume normal oil production by the middle of next year, Nuri Berruien told reporters in Cairo yesterday, where he is attending a meeting of the Organisation of Arab Petroleum Exporting Countries, or OAPEC.
4 in 1995 prices, the Kuwaiti-based OAPEC said in its 425-page report for 2010.
OAPEC is a regional organization of an international perspective that was established in 1968.
It is strange to see the annual conference of OAPEC (Organization of Arab Petroleum Exporting Countries) convene in Cairo on 25 December, or Christmas, which has become an international holiday and not just one for Christians.
The report, published in the Arab Oil and Cooperation quarterly magazine issued by the Kuwaiti-based OAPEC, estimates that the population in the 21 Arab League nations will exceed 500 million by 2030, growing from 318 million at the end of 2005.
The two-day symposium will discuss the global financial crisis and its repercussions on the sectors of oil and natural gas with the participation of a number of experts from the OAPEC member states, and some Arab and international organizations, in addition to the centers concerned in energy affairs.
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