331
PART TWO
OAPEC Activities in 2012
nomic Sector), OAPEC General Secretariat participated in the 2
nd
Meet-
ing of the Arab Negotiating Group on Climate Change, which was held
at the Arab League Headquarters in the Arab Republic of Egypt during
the period 4-5 November 2012. The meeting was held to coordinate
stances of Arab countries and delegations participating in COP18 Con-
ference in Doha – Qatar. Representatives of the Arab member countries
participated in the meeting.
The meeting aimed at finding readily available approaches to suc-
cessfully convene COP18 Doha Conference, which will be held under
Arab chairmanship, as it represents a pivotal point in the history of
negotiations. It requires estimation of stances in the wake of the three
dimensions of the outcome of COP17, i.e. the second commitment pe-
riod of Kyoto Protocol. It also aims at successfully finalizing the works
of the AWG-LCA, and ADP.
3–26 Annual Meeting of the Organization of the Islamic Ship-Owners
In response to an invitation from His Excellency Dr. Abdul Latif
Bin Abdullah Sultan, Secretary General of the Organization of the
Islamic Ship-owners, His Excellency Mr. Abbas Ali Al-Naqi OAPEC’s
Secretary General participated at the “Joint Annual Meeting of the
Executive Commission and General Assembly of the Islamic Union
Steamship Owners Organization” held on 21
st
November 2012 in
Dubai – United Arab Emirates with the participation of a number of
organization, corporations, and Arab authorities.
His Excellency Mr. Al-Naqi submitted a paper entitled “ The Role
of OAPEC in the World Oil Market at the Current Pivotal Situation”.
The paper reviewed OAPEC’s member countries position in the global
oil and natural gas markets, as well as the key role played by member
countries to meet future global demand for oil and natural gas. The paper
also provided a brief overview of OAPEC-Sponsored Ventures and their
role in the finance and investment market in oil and gas sector.