Deputy Minister of Oil: Committed to Supporting Gulf Energy Sector and Enhancing Coordination on Regional and International Issues
Kuwaiti Deputy Minister of Oil Sheikh Namar Al-Sabah reaffirms Kuwait's commitment to enhancing Gulf cooperation in the energy sector and supply security during the 20th meeting of the Petroleum Cooperation Deputies Committee
Translated by Qiyas from كونا — Original source
Kuwait City, 28 September (KUNA) -- Kuwait’s Undersecretary of Oil, Sheikh Dr. Nemer Fahad Al-Maliki Al-Sabah, affirmed on Monday that Kuwait is keen to continue its role in supporting joint Gulf cooperation in the energy sector and enhancing coordination among GCC member states on regional and international issues, in order to safeguard shared interests and bolster the security, stability, and sustainability of energy supplies.
This statement came from the Ministry of Oil following its participation in the 20th meeting of the Committee of Petroleum Cooperation Undersecretaries of the Gulf Cooperation Council (GCC) countries, held via video conferencing.
Sheikh Nemer Al-Sabah highlighted the importance of continuing work through specialized technical committees and teams to translate GCC policy directions and decisions into practical programs and initiatives, and to strengthen integration and coordination among GCC member states in the face of developments and changes affecting the energy sector.
He said the meeting discussed a number of topics and files related to advancing joint Gulf cooperation in the energy sector, addressing a range of strategic issues that reflect the broadening scope of GCC cooperation in the sector.
He added that these topics included the updated energy strategy, energy security, a just and balanced transition, the regional emergency plan for petroleum products, as well as relevant international legislative and commercial developments pertaining to the energy sector.
He clarified that the meeting explored ways to develop GCC coordination mechanisms to keep pace with the rapid regional and international changes in the energy sector, emphasizing the importance of sustained joint efforts that support energy security, reliability, and sustainability of supplies, while also taking into account the national priorities and circumstances of GCC member states.
Sheikh Nemer Al-Sabah noted that the meeting also discussed the updated energy strategy, which represents a broader framework for GCC cooperation in the sector and encompasses various energy sources. He stressed the importance of aligning the work of relevant technical committees and teams with this strategy to translate its objectives into actionable programs and implementable, monitorable work plans.
He added that the regional emergency plan for petroleum products was among the files discussed as part of efforts to enhance GCC preparedness and raise the level of coordination among competent authorities to handle emergencies and disruptions that could affect supplies and supply chains.
He further explained that developments related to cross-border European legislation and measures, along with their potential impacts on the energy sector and companies of GCC member states, were also discussed. (End) A.A.M. / A.A.H.
