With the participation of Iraq .. the start of the International Energy Forum in Algeria
27/9/2016
11:24 •
[Oan- follow - up] was
launched Tuesday morning in Algiers , the work of the International Forum of the 15th Energy with the participation of representatives from more than 50 countries , including Iraq would start work on the search for the global outlook and the role of energy in development of renewable energies in the future.
Arrived , Iraqi Oil Minister Ali Allaibi, yesterday to Algeria to attend the conference and to attend an informal meeting of member countries of OPEC, stressed the minister before the visit that "Iraq is in favor of supporting the oil market in order to ensure the interests of the economies of producing countries , policy, and raise prices."
It will be during this ministerial meeting , which Christtdhanh the international Center for the new conference in the Algerian capital to address the major energy issues, particularly the oil markets, gas and renewable energies in the presence of hundreds of participants.
It focuses the main theme of this session , which lasts two days on the "global transport energy: Enhanced roles for Taqoa dialogue."
the meeting was an opportunity for consultation to reach to understanding better and awareness of the common interests of power among the members of the forum and the presence of the energy ministers of the Member States, officials, experts, oil and gas companies as well as international organizations like the international Organisation of Petroleum exporting countries [OPEC, the international energy Agency and the Forum of gas exporting countries.
addresses session the 15th forum of oil and gas prospects and the role of renewable energies, and the importance of access to the Energetic services in human development and the role of technology. "
in this context, several sessions scheduled centered on major energy issues on oil and gas and renewable energies market - style addition to the governance of energy.
There will also be several meetings bilateral between the energy ministers of the Member States and the round tables. And come 2016 edition of the International Energy Forum in a special context characterized especially not to a large stability in the oil market , according to the decline in oil prices.
And culminate works Symposium Declaration will summarize the discussions and debates that took place during this meeting.
After the International Energy Forum will open the way for the convening of the informal meeting of the Organization of Petroleum Exporting Countries ( OPEC ) which will be discussed to reach an agreement to restore stability to the oil market , who knows a big drop in the last two years. on
the eve of this meeting emphasized energy Minister Noureddine Bouterfa, that meeting the demands of reaching inevitably lead to a "positive solution" to the stability of the market , highlighting the harmonic role to Algeria within the organization.
He expressed optimism b " the success of this informal meeting , " adding that "all OPEC members agree to stabilize oil prices , but it does not have to come up with a formula that satisfies everyone."
the OPEC , which represents a third of world oil production says Bopartyh- "obliged to take a decision in order to achieve price stability either in Algiers or in Vienna in October November second. "
he stressed that the current level of prices caused the loss of the member countries of OPEC estimated between 300 and 500 million dollars a day, the amount that would have been pumped into the areas of exploration and oil exploration and as well as new investments. https://www.alliraqnews.com/modules/news/article.php?storyid=49193