Minister of Petroleum & Mineral Resources Eng. Ali bin Ibrahim Alnaimi called on all countries to commit to cooperation with International Energy Forum for it to achieve its purpose and boost it structures at the regional and international levels. He stated that the forum could be leaner and stronger and that "I think there is an argument for taking the IEF to the level of a full international organization, which would reflect the vital importance of energy in the world today." This came in a speech before the 14th International Energy Forum held today in the Russian capital, Moscow, under the title "The new geography of energy: business as usual or a new era for energy supply and demand?" The minister stated, "The world is changing, the global economy is expanding and the global middle class is increasing. This rising level of prosperity is having a fundamental impact on long-term global energy demand. So it is clear to me that the energy challenges of the 21st century will not be business as usual. New sources of energy are coming on stream, technological innovation is increasing and global energy markets are becoming ever more complex. Mitigating supply disruptions and understanding demand growth are global issues. We can only fight climate change together. And no single country can ensure global energy poverty is eradicated. Achieving these shared goals requires us to enter a new era of cooperation and transparency, with new thinking and creative solutions. --More 15:05 LOCAL TIME 12:05 GMT تغريد
