The Arab Energy Conference in Marrakech is studying the Arab needs, both now and in the future

Marrakech"To coordinate relations between Arab institutions engaged in energy and development activities", "linking energy policy to development issues", "studying current and future Arab energy needs and ways to meet them", "establishing available Arab capabilities and efforts to develop energy resources, And the coordination of these efforts and the international dimensions of energy and their effects on the Arab countries.The 11th Arab Energy Conference was launched Monday in Marrakech with the participation of a number of Arab energy ministers, representatives of a number of specialized Arab and international companies, the International Energy Organization A number of international and Arab organizations, experts and specialists in the oil and energy sector, and representatives of financial institutions interested in energy issues.

A rich program

The conference, organized under the patronage of King Mohammed VI for four days under the theme "Energy and Arab Cooperation", began with an opening session, followed by a session devoted to reviewing the views of some Arab countries on the energy strategy, followed by three ministerial sessions on "Transformations in oil and gas markets and their implications for the Arab oil exporting countries", "Arab cooperation in the field of electrical energy", "Energy security as a global partnership" and "Investment requirements in the energy sector in the Arab countries ", followed by five technical sessions on" In the Arab states and the world: reality and prospects "and" Arab and international petroleum industries "," Energy Demand Management in the Arab states "and" Energy, environment and sustainable development ". The conference will culminate in a final statement.

The conference will discuss the energy situation in many aspects related to current and future developments in the oil and gas markets and their impact on the Arab energy sector, energy security as a global partnership and the investments needed to develop the energy sector in the Arab countries. . It will also discuss topics related to Arab and international energy sources, the subsequent petroleum industries in Arab countries and the world, Arab cooperation in the field of electrical energy, the management of energy demand in the Arab countries, and issues such as energy. , environment and sustainable development.

Energy revolution

"The development of the energy economy is a real revolution that requires reconsideration not only in the Arab and global economy, but also in the way of life," said Aziz Rabah, Minister of Energy, Minerals and Sustainable Development of Morocco. Especially because the Arab countries that God has loved through fossil energy, which are being discussed today, have the qualifications of renewable and alternative energies. Everything is in the region, experience and intelligence, and the world responds to the Arab region. At the same time, we want to be honest: if we miss the opportunity of the previous industrial revolutions, we have only a small part of the global industries, and if we miss the second digital revolution, the energy revolution is an opportunity for the Arab and developing countries to produce what we need.

The Moroccan Minister for Energy and Minerals speaks his word

Rabah spoke about Morocco's experience in his relations with Nigeria and Algeria before discussing his country's experiences with energy, Reviewing data on the review of the energy system from 2009 onwards.

"The Moroccan market is open to serious partners who want to enter into a kind of partnership," Rabah said. "Morocco wants to have industries," he said, referring to the start of production of some components of the wind industry and cable industry.

The reality of energy

Assistant Secretary General of the League of Arab States, Kamal Hassan Ali, and the head of the economic sector, said in a speech on behalf of Ahmed Aboul Gheit, Secretary General of the League, that "the scientific and substantive discussion of the conference in Marrakech will be the reasons for success and will make it a useful field of research: Economic and geopolitical issues, both for the future and for the future, and come up with constructive and practical proposals to address the problems and obstacles with which the Arab countries in the field of energy. "He also spoke about the status of the petroleum industry for the world economy, noting that it is the main source of national income for most Arab countries, which are almost entirely dependent on oil and natural gas to meet their energy needs. These sources represent about 99 percent of total energy consumption in countries Arab countries in 2017 due to the limited share of other sources. He pointed out that in recent years the interest of Arab countries in diversifying energy sources has increased, especially after studies have shown that the Arab region has abundant sources of renewable energy.

Part of the opening session of the conference

He pointed out that the efforts of the Arab countries to develop their energy resources did not stop in the development of their main source of oil and gas, but also to supply electricity by taking advantage of these resources, because electricity plays an influential role in promote development in different economic sectors. Until the establishment of the Arab Council of Ministers for Electricity, for more than twenty years.

The same official praised the efforts of the Arab Organization for Industrial Development and Mining to coordinate and develop joint Arab actions in the mineral and energy sectors, which contribute to the development of well-exploited mineral resources and energy resources.

He also spoke about the Organization of Arab oil-exporting countries and is making unremitting efforts to achieve the main objectives of cooperation between its members before discussing the preparations for the dossiers to be submitted to Beirut at the fourth session in Beirut next year. Arab economic and social development have been presented, tested and prepared. : Support for the Arab common markets with electricity and the Arab strategy for sustainable energy 2030.
He concluded by saying that "energy is in fact the ability to act … positive action that we strive to be advanced and distinctive."

Outstretched hand

On behalf of the Minister of Energy, Industry and Mineral Resources of the Kingdom of Saudi Arabia, Abdulrahman bin Mohammed stressed Abdul Karim, advisor of Business Affairs at the Ministry of Energy, Industry and Mineral Resources, during a session that the views of a number of Arab countries on the re-evaluated energy strategy, how Saudi Arabia is enthusiastic about cooperation opportunities. "The comprehensive hand of Saudi Arabia welcomes all possibilities for constructive fraternal cooperation," he emphasized and stressed that "the Arab oil-producing countries have a possibility but a duty to work together to continue to play a positive role in stabilizing of the market and to promote international cooperation in this respect, and to strive to support the continuity of oil as an important energy source while at the same time making oil more efficient, usable and environmentally friendly through applied research, advanced technologies and cooperation. the area of ​​development ".

The Saudi official stressed Saudi Arabia's vision of 2030, which aims to "map the road map for a comprehensive and sustainable national development" and said that this led to "an increase in the share of gas in electricity production", which it is expected to be "up to about 70 percent, in the next decade, to be the highest in the G20 countries."

The Saudi official also spoke of the steady increase in the share of solar energy and wind energy in the energy mix, talking about "the world's largest renewable energy program, which is expected this year" More than 4 gigawatts of renewable energy , with projects ranging between $ 5 billion and $ 7 billion. "The long-term plans include the investment of $ 200 billion in solar energy alone, with a target of 200 GW by 2013.

The Saudi official pointed out that these plans will generate 100,000 jobs and reduce the costs of generating electricity. "He also spoke about work on" nuclear power as an addition to the fuel mix in the Kingdom ".

"More and more sources are now being replaced by the utilities that they consume, such as electricity generation, so that the consumption of this precious resource is limited to the distinct use of economic importance," he said. Energy strategy and vision 2030, the Kingdom has introduced an integrated correction program in the local energy market. "He stressed that although the vision of the 2030 kingdom aims to build a diversified national economy and strive for a steady transition to a knowledge-based future, this does not mean that in the last decades the world-class capabilities and benefits have are Oil and gas.

He spoke about "strengthening local content in national oil projects and works, developing and applying advanced technologies, expanding refining and distribution, and benefiting from the exploitation of oil, both in oil and gas, in the development and production of basic petrochemicals, Products, with which some parts of the oil and gas industry value chain are completed and the revenues of this series are improved on the national economy. "

As far as the global oil market and the conditions are concerned, he explained that the deterioration of the oil market has created instability and a blurred vision for both producers and consumers. He stresses that in the light of Saudi Arabia's policy of being positive and constructive. Contribute to the growth of the economy And maintain a positive balance between the interests of producers and consumers in the global energy markets and because the Kingdom is confident that maintaining the stability of the world oil market and obtaining fair returns for oil-producing and exporting countries without damaging the interests of consumers The Organization of the Oil-exporting Countries (OPEC) has supported the cooperation and coordination between the member states of the Organization of Oil-exporting Countries (OPEC) in order to protect the common interests among them. to maintain and also to coordinate with non-OPEC producing countries to achieve integration with coordination. "The Kingdom remains committed to improving market stability and helping to provide for a shortage that may arise in supply," he said. "It always strives to maintain its global energy supply by fulfilling its obligations and maintaining spare capacity, using a large part of the global backup capacity when needed."

The Algerian minister of energy Mustapha Qaitouni said he expected the Arab countries to continue to play an important role in the long term. The local demand for energy will increase as a result of population growth. And improving the standard of living of citizens.

In his speech, Gitouni reviewed data on the Algerian energy sector, noting that research efforts have resulted in a 25-year discovery figure during the last ten years.

"The legal and fiscal framework of the exploration, exploration and production activities is being adapted to make it attractive to attract foreign investors and to improve the business climate," he said.

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