Saudi Arabia said it expects energy ministers from key oil producing and consuming nations to attend the November 19 inauguration of the permanent secretariat in Riyadh for the International Energy Forum.
Leading oil producer and consumer nations agreed in 2002 to set up the secretariat for the informal forum, which aims to promote dialogue between the two sides.
“The International Energy Forum Secretariat will help maintain and enhance dialogue between producing and consuming nations,” state news agency SPA quoted Saudi Oil Minister Ali Al Naimi as saying.
He said energy ministers and the heads of several oil firms would also attend a seminar in the Saudi capital Riyadh to discuss oil market conditions and their impact on the global economy as well as planned projects to boost oil production capacity and build new refineries.
