Press Release

 Ministerial Council Meeting Concludes

26 May 2008, Cairo-The Organization of Arab Petroleum Exporting Countries (OAPEC) held its 80th Ministerial Council meeting on May 26th in Cairo, Egypt.  The meeting was held at the level of OAPEC’s Executive Bureau members who represented the ministers.  It was presided over by H.E. Fathi Mohammed El-Abbar, representative of Libya, whose country chairs the current session (2008).  H.E. El-Abbar welcomed H.E. Abbas Ali Naqi, who participated in the meeting for the first time as OAPEC’s Secretary General, and congratulated him on his appointment by the Ministerial Council whishing him success in his new position.

The Council approved the final accounts of the General Secretariat and the Judicial Tribunal for the year 2007 and reviewed the Secretariat’s activities since its last meeting one year ago.

OAPEC officials also reviewed the economic and technical studies carried out by the General Secretariat on matters related to the oil industry, energy, economy, and the environment.  It also took note of the seminars and meetings the General Secretariat will organize or take part in during the current year.

The Council was also briefed on the General Secretariat’s other activities, including the preliminary preparations for the 9th Arab Energy Conference to be held in Doha, Qatar in 2010.

The Council concluded its meeting by expressing its appreciation and gratitude to the Arab Republic of Egypt for providing all the necessary facilities that made the meeting a success.