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26

Volume

44

Issue

1

OAPEC Activities

• Al Bassam & Partners were reappointed as

OAPEC (Secretariat General and Judicial

Tribunal) Auditors for 2018.

• The Council was informed about the contents

of OAPEC Report on the World’s Petroleum

Conditions.

Reviewing the Secretariat General’s report

on the preparations for the 11the Arab

Energy Conference to be held in Marrakesh,

Morocco, from 1 to 4 October 2018.

Reviewing the Secretariat General’s report on

OAPEC activities on:

- Following up environment and climate change

issues, most importantly the outcome of the

COP-23 held in Bonn, Germany, from 6 to 17

November 2017.

- Finalized studies prepared by the Secretariat

General during the second half of 2017 (4

technical and economic studies on oil and

energy)

- Databank progress and activity development

- All activities which the Secretariat General

organized or took part in during 2017 (6

events)

- The Council reviewed OAPEC Joint Ventures

Activity Report in 2016 and the first half

of 2017, and took note of the outcome

of the 46th Coordinating Meeting of the

Joint Ventures Officials held in Cairo on

12/10/2017, which encouraged continued

coordination and cooperation among these

joint ventures.

- The Council resolved to extend the period

where the Republic of Iraq is assigned to

supervise the Arab Oil Training Institute,

for one year, with effect from 1 January

2018. The Council assigned the Institute, in

coordination with the Secretariat General, to

prepare a study on methods to develop and

restructure the Institute.

- The chairmanship of the next round of the

Ministerial Council will be assigned to the

UAE as of January 2018.

- The Ministerial Council’s Chairman sent a

cable of thanks and gratitude on behalf

of the Council to the Emir of Kuwait HH

Sheikh Sabah Al Ahmad Al Jaber Al Sabah,

expressing thanks and appreciation for

Kuwait’s hospitality and warm welcome

while hosting the meeting.

- It was agreed to hold the next Ministerial

Meeting in Kuwait on 23 December 2018.