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OAPEC Activities

Volume 41 Issue 10

22

HE Al Naqi concluded his speech by

wishing the participants success in achieving

the meeting goals and in their discussions over

the natural gas industry developments in the

member countries.

After endorsing the meeting agenda,

Director of the Technical Affairs Department

Dr Samir Al Qara’ish and a group of experts

reviewed the Secretariat General’s activities

since the last meeting like: the developments of

the gas industry both on Arab and international

levels while incorporating them in the monthly

bulletin, the Secretary General’sAnnual Report,

and the statistical report. Also, most important

gas industry developments in the member

countries and the region were highlighted

including the big natural gas explorations in

the Middle East, which proved the existence of

more than 75 trillion cubic feet, and their future

implications for the region and the world.

The Secretariat General and participants gave

presentations on the development of the gas

industry in their respective countries. Then, the

participants made remarks and exchanged views

on the papers presented during the meeting.

The papers presented at the meeting

discussed some member countries’ interest in

increasing their natural gas resources, how to

use them through adopting strategic plans, and

continuing to execute developmental projects.

The papers also discussed the proposed LNG

receiving terminals, and importing gas via

pipelines in light of the future projections

expecting demand for natural gas to exceed

domestic production levels in some Arab

countries. Some papers tackled the latest

technology in well drilling and completion on

the purpose of improving productivity. Other

papers highlighted projects on developing and

expanding the existing natural gas facilities in

the Arab countries. The papers concluded that

it was noticed that some member countries

leaned towards injecting more investments in

the natural gas sector as they did with the oil

sector. This is due to relying on gas as a fuel for

power generation which is increasing in some

Arab countries, in addition to the importance

of gas as a feedstock for petrochemicals and

other downstream industries. The participants

also stressed the importance of bilateral or

multilateral cooperation among member

countries to achieve mutual interests.

At the end of the meeting, the participants

hailed the Secretariat General’s efforts in

holding such meetings and its concern on

creating the right atmosphere for exchanging

information and expertise among natural gas

experts.