OAPEC concludes 81st session

Cairo, November 29, SPA -- Arab Ministers of Petroleum and Mineral
Resources, members of the Organization of Arab Petroleum Exporting
Countries (OAPEC) has completed their meeting at the end of the 81st
session in Cairo.

They unanimously endorsed the Egyptian proposal for the preparation
of a comprehensive study on the joint coordination procedures between
the Arab countries to confront the implications of the global
financial crisis on the oil and gas industry, petrochemical and how
to achieve Arab integration in the joint Arab industries to be
submitted to the Arab League in preparation for presentation to the
leaders of Arab countries in the upcoming economic summit meeting in
Kuwait to take place in January next year.


The Saudi delegation to the meeting was headed by the
Minister of Petroleum and Mineral Resources Ali Bin Ibrahim Al-Naimi.