By Khaled Al-Zaid
(WITH PWR-OAPEC-EGYPT-MEETING)
CAIRO, June 5 (KUNA) -- Kuwait Petroleum Corporation (KPC) has many projects as the nation's body running all oil ventures, said Assistant Undersecretary for Economic Affairs at Kuwait's Energy Ministry Abbas Al-Naqi on Monday.
Speaking to KUNA at after the 76th meeting of the Ministerial Council of the Organization of Arab Petroleum Exporting Countries (OAPEC), Al-Naqi explained that such projects are relevant to petrochemicals, refineries, production and increasing overall capacities.
Regarding the two-day OAPEC meeting, he said it included a meeting of the organization's executive bureau that approved the closing accounts of 2005, endorsed recommendations regarding OAPEC's databank, as well as discussing matters relevant to the UN Framework Convention on Climate Change (UNFCCC) and its Kyoto Protocol.
He added that the council also reviewed the outcome of the Eighth Arab Energy Conference that took place in Jordan during last May and approved the bureau's recommendations regarding the events to be organized by OAPEC's secretariat, which include a seminar in Paris in June in collaboration with the French Petroleum Institute.
The council, he noted, urged member nations to participate in the UNFCCC's upcoming convention in Kenya during November 6-17, 2006.
Kuwait pays a great attention to environmental issues, which led to signing the protocol and establishing the Environment Public Authority (EPA), he said.
Al-Naqi said Kuwait's Energy Minister Sheikh Ahmad Al-Fahad Al-Sabah frequently visits Egypt to further enhance overall bilateral cooperation in energy fields.
