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OAPEC Activities
Volume 41 Issue 1021
OAPEC Secretary General HE Abbas
Ali Al Naqi opened the meeting with a
speech welcoming the participants and
wishing them a pleasant stay in Kuwait.
He expressed the Secretariat General’s
appreciation for the sincere efforts of the
member countries on creating a suitable
environment for Arab cooperation in the
field of gas, and providing relevant data and
information. HE Al Naqi also clarified the
Secretariat General’s keenness on following
up the industry’s Arab and international
developments.
HE Al Naqi talked about some important
indicators in the world’s natural gas industry
during 2014, as the world demand witnessed a
drop while natural gas production witnessed a
hike by 1.6%, which is lower than the average
growth rates in the past decade. The world’s
natural gas trade (both via pipelines and LNG)
witnessed a drop of about 3.4%.
The Secretary General drew the attention
to the increasing domestic demand for gas in
some Arab gas exporting countries, which led
to a drop of about 8 billion cubic metres in
their exports in 2014 compared to 2013. Arab
natural gas exports represent about one fifth of
the total world trade.
The 15th Meeting of Experts on Natural Gas
Investment Cooperation Potentials in OAPEC Member Countries
In line with OAPEC Secretariat General’s action plan for the year 2015, the 15th Meeting
of Experts on Natural Gas Investment Cooperation Potentials in OAPEC Member
Countries took place on 12 and 13 October 2015 at OAPEC Secretariat General
Headquarters. 23 experts from OAPEC member countries, as well as, a delegation of 4
from the Secretariat General took part in the event.