UAE Engages In 113th Ministerial Meeting Of Arab Energy Organisation In Kuwait

The United Arab Emirates (UAE) took part in the 113th ministerial meeting of the Arab Energy Organisation (AEO) held in Kuwait. This gathering included oil and energy ministers from member states. The UAE delegation was led by Sharif Al Olama, Under-Secretary for Energy and Petroleum Affairs, and Saif Ghobash, Assistant Under-Secretary for the Petroleum, Gas and Mineral Resources Sector.

During this meeting, a significant decision was made to develop and restructure the Arab Petroleum Exporting Countries Organisation (OAPEC), resulting in its renaming to the Arab Energy Organisation (AEO). The agenda covered various important topics, including the draft budget for 2025 and regulations governing its operations. These discussions aimed to address challenges and developments in the energy sector.

Sharif Al Olama emphasised that the meeting demonstrated the commitment of AEO member states to enhance cooperation and coordination within the energy sector. He noted that these meetings serve as a crucial platform for exchanging ideas and experiences among member countries. They provide an opportunity to tackle current and future challenges facing the energy sector amid global economic and geopolitical changes.

Al Olama highlighted that these gatherings are essential for strengthening Arab cooperation in energy matters. They lay the groundwork for a future phase aligned with the visions and directions of Arab nations. He stressed that member states work together in partnership to bolster energy's role, focusing on innovation and sustainability to ensure a better future for upcoming generations.

The UAE reaffirmed its dedication to collaborating with all member states and international partners to promote energy sector sustainability. Al Olama reiterated that joint efforts and innovative initiatives are vital for achieving stability and sustainable growth. This approach aims to meet people's aspirations while reinforcing the region's position as a key player in global energy security.

In addition, discussions at the meeting included systems and regulations governing AEO's work. These were designed to align with ongoing challenges in the energy sector. The focus was on serving future phases effectively while addressing current needs.

This ministerial meeting marked another step towards enhancing Arab cooperation in energy matters. It provided a platform for sharing visions among member countries, addressing both present challenges and future opportunities within the global context.

With inputs from WAM