Dammam, Saudi Arabia: The Arab Petroleum Investments Corporation (APICORP), a multilateral development bank, participated in the Algeria Future Energy summit, which was held on 29th and 30th October. APICORP’s Senior Economist for Energy Research, Mustafa Ansari, moderated a panel discussion, which focused on driving growth and efficiencies across the natural gas value chain.

The panel members were Ahmed Mazighi, VP of Marketing at Sonatrach; Stefano Cao, Chief Executive Officer of Saipem; Adolfo Heeren, Chief Executive Officer of TGP; and Jerome Fitzgerald, Senior Executive at BP.

The panel discussed a range of issues, including forecasting future demand trends for natural gas, both in Algeria and internationally; Sonatrach’s role in the European market, how new technology and infrastructure will increase efficiencies in production; the role of trading as gas transitions into a global commodity and the rise of LNG trade; the role of gas in the future energy mix; geopolitics and its impact on investment in the sector; and the impact of growing demand in Asia.

Mustafa Ansari, senior economist at APICORP, commented: “APICORP is delighted to support the Algeria Future Energy summit, a key event in the industry calendar.  Algeria is a member country, and as part of our mandate, we are confident that we can play a crucial role in supporting the development of the energy sector and in financing critical projects in the country. We enjoyed a fascinating discussion on a range of important and relevant issues and the panellists offered some very valuable insight based on their various expertise and experience. The subjects we covered are areas in which APICORP’s research team covers in great depth, so it was useful to compare our own analysis with executives who are at the cutting edge of gas investment and production.”

-Ends-

About APICORP

The Arab Petroleum Investments Corporation (APICORP) is a multilateral development bank established to foster the development of the Arab world’s oil and gas industries. The organization is owned by 10 Member States of the Organization of Arab Petroleum Exporting Countries (OAPEC). APICORP makes equity investments and provides project finance, trade finance, advisory and research to the energy industry.

APICORP’s headquarters are located in Dammam, in the Eastern Province of Saudi Arabia, and it also operates a Banking Branch in Manama, Bahrain.

More information can be found at: www.apicorp-arabia.com

For further information:
Archie Berens (English media)
Hanover Middle East
Mobile: +971 55 559 7409
Email: aberens@hanovercomms.com
Omar Nasro (Arabic media)
Hanover Middle East
Mobile: +971 55 471 0231
Email: onasro@hanovercomms.com

© Press Release 2018

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.