OTS - OPEC Secretary General: Cooperation is the key ingredient to addressing future energy challenges
2018. May 28. 11:09
Vienna, 28 May, 2018 (APA/OTS) - His Excellency, Mohammad Sanusi
Barkindo, stresses the importance of dialogue and cooperation
between oil industry stakeholders in order to achieve a stable and
sustainable energy future. Through its theme 'Petroleum -
Cooperation for a Sustainable Future', the 7th OPEC International
Seminar provides a high-level forum for the exchange of ideas and
perspectives, while confronting the major issues facing the global
oil and gas industry.
In the run-up to the 7th OPEC International Seminar from 20-21
June 2018 at the Hofburg Palace in Vienna, OPEC Secretary General,
HE Mohammad Sanusi Barkindo, emphasizes the need for cooperation
between relevant stakeholders in view of the so-called 'new energy
era': "We chose this year's theme 'Petroleum - Cooperation for a
Sustainable Future' because it confronts one of the key questions
of our time: While it is clear that all forms of energy will be
needed in the future, it is also evident that fossil fuels will
continue to play a dominant role in meeting the ever-rising demand
for energy. Thus, we will gather energy ministers from OPEC Member
Countries, non-OPEC producing and consuming nations as well as
high-ranking representatives from international companies and
organizations, leading scientists and energy experts at the Seminar
in order to discuss the contribution of petroleum to a stable and
sustainable global energy future" states HE Barkindo.
The Seminar's two-day programme will provide a unique,
high-level forum in which the major issues of the day will be
discussed, including industry investment, the role of technology
and innovation, as well as sustainability and the future of oil.
'Declaration of Cooperation' as a model process
Enhanced dialogue and cooperation between oil industry
stakeholders constitute the key ingredients to a successful future
and characterize the landmark 'Declaration of Cooperation' between
24 OPEC and non-OPEC oil producing countries as a model process.
"In an increasingly interdependent and complex world, we all
need to work towards a more integrated industry. We need to
continually break down barriers, as we cannot work in silos. This
has become reality in the 'Declaration of Cooperation', which is a
historic achievement that has helped to accelerate market
rebalancing and enhance stability," says the Secretary General.
"I am confident that this year's Seminar, with its many highly
distinguished speakers and panelists, will bring to the forefront
potential solutions to some of the industry's most pressing
challenges, while also enhancing and expanding avenues of dialogue
and cooperation," concluded HE Barkindo.
7th OPEC International Seminar
20-21 June 2018
Hofburg Palace
Vienna, Austria
Registration for the event is now open at:
https://www.opecseminar.org/opec-seminar-ticket-registration.htm to
secure limited seats to this event. Students are eligible for
special ticket rates.
For more information and updates, visit www.opecseminar.org.
About the OPEC International Seminar
The OPEC International Seminar is one of the premier events on
the world energy calendar. The first OPEC Seminar was held in
Vienna in 1969, with the Seminars increasing in size and scope over
the years, not only embracing petroleum-related topics, but other
issues such as global finance, sustainable development and the
environment. The current OPEC International Seminar series began in
2001 and has provided fresh impetus to key industry issues and
developed existing and new avenues of dialogue and cooperation.
About OPEC
The Organization of the Petroleum Exporting Countries (OPEC) is
a permanent, intergovernmental organization that was founded in
1960. OPEC currently has 14 Member Countries (Algeria, Angola,
Ecuador, Equatorial Guinea, Gabon, IR Iran, Iraq, Kuwait, Libya,
Nigeria, Qatar, Saudi Arabia, United Arab Emirates, Venezuela) and
is headquartered in the Austrian capital of Vienna.
Media Accreditation 7th OPEC International Seminar
Ms. Franziska Peterlik
Administration & Coordination
Email: opecseminar2018@eventplan.at
Tel: +43 660 2003071
OPEC Seminar Contact
Ms. Hind Zaher
PR Specialist
Email: seminar@opec.org
Tel: +43 21112 3312
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