Bahrain calls for cooperation among Arab petroleum exporting nations

Nov 05, 2001 01:00 AM

The Bahrain Minister of Oil, Shaikh Isa bin Ali Al Khalifa, called for enhanced cooperation and co-ordination among Arab petroleum exporting nations in the creation of a corps of experts to deal with technical issues. He was speaking at the inauguration of the first seminar on "Transportation of hydrocarbonate materials throughout Arab countries" which opened at the Gulf Hotel.
The seminar has been co-coordinated by the Organisation of Arab Petroleum Exporting Countries (OAPEC) and Bahrain's Ministry of Oil. Twenty-three technical papers will be presented at the event. OAPEC Secretary General Abdulaziz A. Al Turki said the roster of companies participating in the seminar was a clear indication of the importance of the event and the need for a programme of technical enhancement for the industry.

The companies participating in the seminar include Snamprogetti, BP, Cedigaz, Alstom Marine, Asry (Arab Shipbuilding and Repair Yard), the Arab Maritime Petroleum Transport Company, Qatar Petroleum, Saudi Aramco, Kuwait Oil Company and Bapco. Experts making presentations come from Algeria, Bahrain, Egypt, Kuwait, Qatar, Saudi Arabia, Syria and Yemen.
"Experts from Arab countries will present the net results of their theoretical and practical experience in this field," Al Turki said. "Experts from non-Arab companies will present studies and papers related to the latest technology in hydrocarbon transportation. The meetings give both the organisers and participants a chance to familiarise themselves with the latest international developments in their field."
Al Turki said despite slumping oil demand, the need for such technical events continued to be high since these helped the industry keep abreast of changing technology. Shaikh Isa bin Ali said such seminars would secure the future of inter-Arab links in the field of petroleum and energy including setting reasonable prices in oil and supporting joint Arab projects in this field.

He also said hydrocarbonates represent the backbone of the development strategies for the oil industry and that Bahrain was pursuing ambitious plans in this field, beginning with modernising its petroleum refineries over the next four years at a cost of $ 950 mm.
Shaikh Isa bin Ali also said Bahrain had taken measured steps to allow exploratory drilling in certain areas in the Eastern regions of the country and have sought the cooperation of Chevron and Texaco and Petronas for this purpose.

Source: Bahrain Tribune
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