12/05/2011

The Evolution of Saudi Arabia’s role in the Global Oil Market and in the OPEC

Thursday 12 May

10h to 12h

The MEDEA Institute (European Institute for Research on Euro-Arab Cooperation) and
EGMONT – The Royal Institute for International Relations, in collaboration with
the Embassy of the Kingdom of Saudi Arabia in Brussels,

have the pleasure to invite you to a conference given by

Doctor Majid Al-Moneef
Governor of the Kingdom of Saudi Arabia to the OPEC

Saudi Arabia has for years dominated the global energy and especially the oil scene due to its reserves, production potentials, reliability and consistent production and pricing policies through most of the market turns. This role will continue into the next few decades as global oil demand patterns shift with the developing countries and the transportation sector dominating growth potentials. As supply from non-OPEC regions such as the European Union dwindle due to maturity of production, global demand for oil will be met by increasing supplies from the Middle East, most notably Saudi Arabia, and the consolidation of European energy interests towards this oil-rich part of the world.

With the participation of :

Ms. Marie-Pierre Fauconnier, Director General Energy, Belgian Ministry of Economy,  and
Mr. Köhler, Head of Cabinet of Commissioner for Energy G. Oettinger,  EU

Venue : Château de Val Duchesse, 259 boulevard du Souverain, 1160 Brussels

Working language : intervention in English ; questions/answers in English/French

Registration for this event is mandatory. As the number of seats is limited, participants will be selected on a first-come-first-serve basis, with priority given to participants active in the energy field. Please send your Registration form before Friday 06 May to: conferences@egmontinstitute.be

More information :

MEDEA Institute
T: 02/231 13 00
F: 02/231 06 46
Email: medea@medea.be
Square de Meeus, 24
1000 Brussels

EGMONT Institute
Tel : 02/223 41 14
F : 02/223 41 16
Email : conferences@egmontinstitute.be
Rue de Namur, 69, Naamsestraat
1000 Brussels