US Energy Secretary Samuel Bodman has praised the personal follow up of the project of the Riyadh-based International Energy Forum Secretariat (IEFS) by the Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz. Addressing a press conference here on Friday evening, Bodman underlined the importance of the role that could be played by the International Energy Forum (IEF) in enhancing cooperation between oil producers and consumers as well as in strengthening pillars of stability at the oil market through making available the necessary knowledge and understanding of facts. He noted that he had reviewed with Saudi Minister of Petroleum and Mineral Resources Eng. Ali Ibrahim Al-Naimi, means of increasing the productive capacity of the refineries owned by the Kingdom of Saudi Arabia in America. Bodman pointed out that a number of governments and oil companies have shown interest in investment in the field of refineries in America through attractive investment opportunities in the American market. He also criticized the taxing policy imposed in his country, and said it has an adverse impact on investment in America. --MORE 1407 Local Time 1107 GMT
