His Excellency Tarek El-Molla, Minister of Petroleum and Mineral Resources, will attended the Arab Petroleum Investments Corporation’s (APICORP) Energy Forum held today in Bahrain, reported Egypt Oil & Gas.
Leading energy sector experts and Ministers from Saudi Arabia, Kuwait, Egypt and Bahrain, gather in the Bahraini capital, Manama, to discuss the policies, outlook and financing options available to the Arab region’s energy markets.
Tarek El-Molla is scheduled to give a presentation at a Ministerial panel discussing policy decision making in a volatile market. Also on the panel are Dr. Abdul Hussain bin Ali Mirza, Minister of Energy, Kingdom of Bahrain, Ali Al Omair, Minister of Oil, Kuwait, and Ali bin Ibrahim Al-Naimi, Minister of Petroleum and Mineral Resources for the Kingdom of Saudi Arabia, who will also provide a keynote speech to delegates.
Talking ahead of the Forum, DrAabed Al Al-Saadoun, Chairman of the board of APICORP said: “Given this organization’s unique ownership and mandate within the Arab energy sector, we have been able to bring together some of the most influential names in the industry, to debate and discuss the issues that really matter to governments, investors and private companies”.
“With oil prices remaining low, questions being asked about national budget deficits, and major new gas discoveries being found in the Eastern Mediterranean, this is an absolutely critical time for accurate information flow and knowledge transfer. That is what the APICORP Energy Forum hopes to provide on behalf of the sector as a whole.”
According to Bahrain News Agency the forum is being held under the patronage of his Royal Highness Prime Minister Prince Khalifa bin Salman.
Some of the most respected names in the global energy industry, including specialists from Citigroup, Standard Chartered, HSBC, Abraaj Group, Goldman Sachs and the Oxford Institute of Energy Studies, will share their insights in 11 interactive sessions.
Investors are eager to gain a better sense of where the Arab region’s decision makers are focusing their attention, especially in light of the spectacular drop in oil prices and Egypt’s huge offshore natural gas field discovery.
The forum was organized by the Arab Petroleum Investments Corporation (APICORP), which is an affiliate of the Organization of Arab Petroleum Exporting Countries (OAPEC).