based Al-Nadwah highlighted the significant role of the Kingdom of Saudi Arabia as regards enhancing the pillars of the global stability and said the declaration of Cancun which underlined the importance of dialogue between energy consuming and producing countries embodies the vision of the Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz. The paper believes that the stability of the oil markets is the responsibility of both producers and consumers noting that King Abdullah proposed establishment of a permanent venue for the international energy forum in 2000 and opened the venue in 2005 in the Saudi Capital. It will not be a strange matter if Cancun declaration comes identical with the Kingdom's vision because the Kingdom had participated in the 12th international energy forum held in Cancun within the framework of its keenness on the stability of oil prices. "King Abdullah bin Abdulaziz is not only keen on the stability of oil market, but he is also keen on political and economic stability all around the world," the daily added. --MORE
