Gulf Oil and Gas accountACCOUNT

Petroleum Minister Delivers Egyptís Speech before OPECís Ministerial Meeting

Source: www.gulfoilandgas.com 12/1/2017, Location: Africa

Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources delivered Egyptís speech before the ordinary Ministerial Meeting of the Organization of the Petroleum Exporting Countries (OPEC) in the Austrian capital Vienna in which Egypt is participating as an observer. H.E. Khalid al Falih, Saudi Minister of Energy, Industry and Mineral Resources and President of the Organization headed the Meeting.

The Minister asserted that Egypt supports and backs up the efforts and initiations to balance global oil markets with what achieves cooperation for both producers and consumers through fair prices to ensure security of supply and demand as well as ensuring stable returns contributing to developing needed investments in the oil industry.

He added that the global oil markets is currently fast regaining balance gradually, confirming that the current challenge is to keep price levels in a zone that allows attracting more investments while remaining affordable to consumer countries, he clarified that facing such challenges is a responsibility of all parts involved in the industry.

He also asserted Egyptís commitment to cooperate with all parties involved in the petroleum industry in order to achieve stability.

For more information about related Opportunities and Key Players visit Egypt Oil and Gas Projects

Oil Field Services News in Egypt >>

Egypt >>  1/14/2019 - Petroleum Minister Tareq el Mulla held a meeting with Jordanian Minister of energy and mineral wealth Hala Zawati to discuss the latest developments o...
Nigeria >>  1/7/2019 - Penspen, a leading global provider of engineering and project management services to the energy industry, is pleased to announce that it has been awar...

Egypt >>  12/20/2018 - Saipem and Petrobel have negotiated an offshore contract addendum worth more than 1.2 billion USD for Engineering, Procurement, Construction and Insta...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Egypt Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 |

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.