Organization of Arab Petroleum Exporting Countries
Volume 40 Issue 5
13
OAPEC Activities
The 13
th
International Arab
Mineral Resources Conference
has awarded HEAli bin Ibrahim
Al Naimi, Minister of Petroleum
and Mineral Resources of the
Kingdom of Saudi Arabia,
an Excellence Award for his
efforts in developing mutual
Arab workforce in the mining
sector. HE Al Naimi chaired
the first Arab seminar on
mining opportunities, headed
the first consultative ministerial
mining meeting, and headed the
advisory committee for three
successive years in his ministerial capacity.
He also sponsored five workshops organized
by the Saudi Ministry of Petroleum and
Mineral Resources to train and qualify Arab
workforce.
The Minister delivered a speech on
the occasion thanking the conference
organizers. He mentioned that Saudi Arabia
has set articles and measures through the
mining investment system and its executive
regulations to strike a balance between
the exploitation of mineral resources and
achieving development goals on one hand
and maintaining the environment on the
other hand. He highlighted the Kingdom’s
efforts in making the ultimate ideal use of its
mineral resources and meeting local demand
for mineral crudes and relevant industries
like construction materials, and transforming
crudes into products or condensates of value
added without exporting them abroad.
Excellence Award for
HE Ali bin Ibrahim Al Naimi
The conference’s Communiqué stressed
the importance of promoting investments,
bringing in new incentives and simplifying
investment process in the mining sector, and
encouraging cooperation and coordination
among Arab research centres. The
communiqué has also called for expanding
geological surveys to explore hydrocarbons
in Arab countries. Moreover, it stressed the
importance of remote sensing, geographical
database, and conducting studies on
Arab integration in the mining sector in
coordination with the Arab Industrial
Development and Mining Organisation.
