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Riyadh to host 3rd OPEC summit in November  Join our daily free Newsletter

MENAFN - Kuwait News Agency (KUNA) - 22/08/2007
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(MENAFN - Kuwait News Agency (KUNA)) The Saudi capital, Riyadh, is to host the third summit of the Organization of the Petroleum Exporting Countries (OPEC) in November, presided by King Abdullah Bin Abdulaziz Al-Saud.

The announcement was made by OPEC Fund Public Relation Officer Abdulrahman Al-Khreiji in a statement to "Al-Riyadh" newspaper.

Al-Khreiji said OPEC's oil and financial ministers would hold a preparation meeting on November 16.

The summit will tackle issues regarding OPEC's efforts in oil market stability, including the role of OPEC Fund as a humanitarian front to the organization.

OPEC already began sending formal invitations to the 12 leaders of member states who will be participating in the summit, Al-Khreiji added.

OPEC's first summit was held in Algeria while Venezuela hosted the second
summit in 2000.

 




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