Zangeneh attending OPEC seminar

Tehran, June 1, IRNA – Iranian minister of petroleum Bijan Zangeneh will attend the Sixth OPEC International Seminar which is due to be held on 3rd and 4th June in Vienna and will take the chairmanship of a specialized session named Oil Market Stability.

The seminar with the theme ‘Petroleum – an engine for global development’, aims to build on the success of the previous events from the past decade. It will underpin OPEC’s longstanding commitment to strive for a secure and stable international oil market by promoting cooperation and dialogue with stakeholders around the world.

According to OPEC website, topics will include the global energy outlook, oil market stability, production capacity and investment, technology and the environment, and prospects for the world economy.

The OPEC International Seminar is today regarded as one of the premier events on the world energy calendar.

Seminar participants customarily include Ministers from OPEC Member Countries and other oil-producing and oil-consuming nations, as well as heads of intergovernmental organizations, chief executives of national and international oil companies, in addition to other industry leaders, academics, energy experts and the specialist media.

The seminars have taken various forms over the years, but they have always had a wide reach across the energy sector and beyond.

The latest in the series of seminars, which began in 2001, has provided fresh impetus to key industry issues and developed existing and new avenues of dialogue and cooperation. Insightful presentations and panel discussions have sought to move the energy debate forward, with high-caliber speakers discussing a wide range of topical issues affecting the industry, both in the short and long term, against a backdrop of uncertainty and instability.

The seminars have increased in size and scope over the years, embracing, as time has passed, such related areas as global finance, sustainable development and the environment and their reputation has grown steadily. While an early seminar in 1978 was attended by some 200 participants, there was nearly four times that number over three decades later in 2012.