Previous Page  10 / 32 Next Page
Show Menu
Previous Page 10 / 32 Next Page
Page Background

OAPEC Activities










OAPEC Secretariat General took part in the “22nd International Conference on Petroleum,

Mineral Resources and Development” held by the Egyptian Petroleum Research Institute (EPRI)

in Cairo, Egypt, on 26-28 February 2019, under the auspices of Egypt’s Minister of Petroleum

and Mineral Resources HE Engineer Tarek El Molla, in the presence of OAPEC Secretary General

HE Abbas Al Naqi and EPRI’s Acting Director HE Dr Yasser Mostafa. Various petroleum issues

have been tackled at the conference.

In the opening session, HE El Molla

pointed out that the Egyptian petroleum

sector is building up an ambitious strategy

to fulfil “Egypt’s 2030 Vision” to utilize

natural resources for achieving sustainable

development goals. He added that the

ongoing project on upgrading and developing

the Egyptian petroleum sector is progressing

towards tangible fruitful results in: attracting

investments; supporting youth careers to

assume leading duties (in order to boost the

development of natural resources); in addition

to maximising the resources added-value.

He drew the attention to recent

unprecedented results in the petroleum

industry in Egypt, on top of which: halting

LNG imports and self-sufficiency (through the

growing domestic production from significant

discoveries in the past two years), which should

help Egypt starting to export the surplus.

The minister also stressed the importance

of modern technology in developing the

petroleum industry and the necessity of linking

scientific research with the petroleum industry

to keep in pace with the latest in exploration,

drilling, production, and to improve the

petroleum products’ quality to be more

feasible economically.

It is worth mentioning that the conference

importance stems from the topics it tackled

including: developing the energy sector to

contribute to the country’s development plan;

building a competitive diverse economy; and

the Afro-Egyptian partnership to underscore

the Egyptian role in Africa.

Conference president and EPRI’s Acting

Director Dr Yasser Mostafa said in his speech

that the conference is an annual scientific