Saudi Arabia posts highest international tourism growth among G20 countries during first 7 months of 2024    Hezbollah commander Ibrahim Aqil killed in Israeli airstrike    Impressive military parades mark Interior Ministry's National Day celebrations    Saudi Arabia takes part in UN Broadband Commission for Sustainable Development meeting    Saudi Health Minister discusses with Cuban President cooperation in health sector    No damage reported as minor quake hits near Jazan's Shuqaiq city on Friday    Russia lists 47 countries promoting 'destructive attitudes'    Polling concludes in Sri Lanka's presidential election    Al Ahli secures thrilling 4-2 victory over Damac with late goals    Al Nassr secures emphatic 3-0 victory over Al Ettifaq in a strong away performance    Foreign Minister leads Saudi delegation to UN General Assembly session    Saudi Arabia to host global summit on child protection in cyberspace next month    Anthony Joshua and Daniel Dubois ready for epic showdown at Riyadh Season Card Wembley Edition    Clasico rivalry heats up as Al Ittihad and Al Hilal clash for supremacy    Film Commission to hold second edition of Saudi Film Forum next month    The Vikings and the Islamic world    HADAF increases grace period to submit employment support requests to 330 days    Fashion industry's contribution to Saudi GDP reaches 2.5% as market set to hit $42bn by 2028    Riyadh Light Festival 2024 to kick off on November 28    Superbug crisis could get worse, killing nearly 40 million people by 2050: Study    Jane's Addiction cancel tour after on-stage brawl    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Muted Eid celebrations for millions of Nigerian Muslims    Embracing change: A journey towards inner peace    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



SECOND ASIAN MINISTERIAL ENERGY ROUNDTABLE MEETING CONCLUDES
Published in Saudi Press Agency on 02 - 05 - 2007

NATIONAL INVESTMENT IN DIFFERENT ENERGY SECTORS ACCORDING TO EACH COUNTRY'S NEEDS AND IN ACCORDANCE WITH ACCEPTABLE COMMERCIAL PRACTICES.
5. WORK TOWARD OPEN, COMPETITIVE AND TRANSPARENT OIL AND GAS MARKETS, IN ORDER TO REDUCE UNCERTAINTY AND VOLATILITY IN THESE MARKETS.
6. RECOGNIZE THAT FREE AND ECONOMICALLY BASED GLOBAL MARKETS SHOULD BE THE BASIS FOR DIFFERENT ENERGY SOURCES AND WILL WORK TO MAINTAIN SUCH MARKETS IN THE INTEREST OF INCREASED STABILITY AND TRANSPARENCY.
7. ENCOURAGE INTERNATIONAL AND REGIONAL TRADE OF ENERGY PRODUCTS AND SERVICES AND ENHANCE REGIONAL COOPERATION FOR SECURITY OF ENERGY TRANSPORT ROUTES.
8. ENDEAVOR TO INSULATE ENERGY MARKETS FROM UNWARRANTED POLITICAL INFLUENCES WHEREVER THEY MAY OCCUR.
9. SUPPORT TECHNOLOGICAL SOLUTIONS TO VARIOUS ISSUES FACING THE ENERGY INDUSTRY, INCLUDING THOSE RELATED TO ENVIRONMENTAL PROTECTION AND CLIMATE CHANGE SUCH AS CARBON CAPTURING AND SEQUESTRATION.
10. ENCOURAGE THE FLOW OF INFORMATION, BILATERAL AND MULTILATERAL OF EXCHANGES AND THE DEVELOPMENT OF ENERGY RESEARCH NETWORKS WITHIN ASIA AND JOINT OIL DATA INITIATIVE (JODI), COORDINATED BY THE SECRETARIAT OF THE INTERNATIONAL ENERGY FORUM, THE INTERNATIONAL LEVEL.


Clic here to read the story from its source.