Arab oil nations met in Damascus, the Syrian capital, on Saturday (October 18) to plan the consolidation of the petroleum industry.
Arab oil nations met in Damascus, the Syrian capital, on Saturday (October 18) to plan the consolidation of the petroleum industry. Ten states, meeting under the auspices of the Organisation of Arab Petroleum Exporting Countries (OAPEC), discussed a programme of action which included:
Review of petroleum industry prospects in relation to supply and demand.
Review of the technological and technical aspects and problems of the industry.
Review of the industry's administrative, technical and manpower requirements.
Study of the Arab petroleum refining industry.
And a review of opportunities for co-ordination and co-operation among the Arab countries for consolidating the future of the petroleum industry.
The meeting was opened by Syria's oil minister, Dr.l Adnan Mustapha, who said that Arab petroleum policy had 'advanced human General of OAPEC, Dr. Ali Ahmed Attiga, also addressed the meeting which included representatives of the European Economic Community, the Federation of Japanese Industries, the Italian oil establishment ENI, the Organisation of Petroleum Exporting Countries (OPEC), and the French Petroleum Institute.