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Volume

44

Issue

1

15

Al Marzouq:

OAPEC a living

example

of Arab

cooperation

and joint

action

setting up joint ventures in the various aspects

of the petroleum industry to be run by all

OAPEC members or those interested’. This is in

addition to preparing specialised technical and

economic studies tackling the most important

developments in the oil, gas, and energy

industry, and their implications for the member

countries in order to contribute to resolving

the problems and challenges that face the Arab

petroleum industry on one hand and to help

achieving stability in the global markets on

the other hand. He also highlighted OAPEC’s

role in organising conferences, specialised

scientific seminars, scientific research awards,

and annual coordinating meetings between

specialists in the member countries and

Arab and international organisations working

in the petroleum industry. HE Al Marzouq

added that OAPEC also contributes to raising

awareness and promoting Arab petroleum

literacy through its distinguished publications,

as well as, its positive and fruitful cooperation

with international organisations and research

centres specialised in energy, oil and gas.

The Minister stressed that Kuwait’s

embrace of OAPEC and other Arab joint action

organisations’ headquarters stems from its

keenness on boosting and reviving joint Arab

action in all aspects while providing the best

facilities, as well as, financial and moral support

to do their businesses and serve the interests of

the Arab countries.