APICORP at DIFC-OECD EmNet Meeting: “Some Further MENA Issues – Medium-term Microeconomic Challenges; Long-term Macroeconomic Threats”DIFC-OECD EmNet Meeting – Dubai, 12 December 2011(Presentation).
APICORP at Middle East Petroleum & Gas Conference: “MENA Energy Investment and Financing in a Time of Turmoil” – Middle East Petroleum & Gas Conference – Dubai, 2-4 October 2011(Presentation).
APICORP at the OIES Workshop: “Overview of Current Regulatory Reforms of Commodity Derivatives”
Regulation of Oil Markets – Current Reforms and Implications – OIES Workshop, St Catherine College, 28 January 2011(Presentation).
APICORP at the Arab Energy Club: “MENA Natural Gas: Reserve Depletability and Resources Prospectivity”
In viewing a paradox of scarcity amidst plenty, this presentation offers valuable empirical insights into the potential of MENA natural gas endowment by taking a closer look at both reserves and resources. A key finding is that while on aggregate, proved reserves are substantial and their dynamic life fairly long, acceleration of depletion appears to have reached a critical rate for more than half the large sample of countries examined. However, the extension of the analysis to undiscovered resources and inferences from assessed to non-assessed provinces underscores a higher aggregate potential for reserve expansion than commonly assumed (Presentation).
APICORP at OAPEC Forum on the Global Financial Crisis (Syria on 22-24 November 2010)
Organization of Arab Petroleum Exporting Countries (OAPEC) hold a seminar here on Nov. 22-24 on the global financial crisis and its implications on oil and natural gas sector in Arab countries.
APICORP participated by the following 2 papers:
- Funding and Financing in the Financial Crisis
- MENA Macroeconomic Outlook and Energy Investment: Learning from the Recent Economic Crisis for Policy Direction
Taking A Long Term View Beyond The Market
APICORP participated in the commemoration of OPEC’s 50th Anniversary in Riyadh. The celebration took the form of an International Energy Symposium to which Mr. Ali Aissaoui contributed a presentation entitled “Taking a long term view beyond the market – Bringing ethics into the economics and politics of oil prices”(click here for the presentation).
The Symposium was held under the patronage of HE Ali Al-Naimi, Minister of Petroleum and Mineral Resources, in the presence of HRH Prince Abdulaziz Bin Salman Al-Saud, and several Saudi and international guests. Naturally, Mr. Abdalla Salem El-Badri, the OPEC Secretary General, was among the latter. OPEC50’s slogan was “Supporting Stability, Fuelling Prosperity” and the program of the Symposium was structured around four main themes:
- A historical perspective of OPEC and Saudi Arabia;
- The role of Saudi Arabia within OPEC;
- OPEC’s relationship with other international organizations;
- The future of OPEC and the global oil market.
Mr. Al-Nuaimi is heading the Corporation delegation to the 9th Arab Energy Conference
Mr. Ahmad Al-Nuaimi, APICORP’s Chief Executive and General Manager, is heading the Corporation delegation to the 9th Arab Energy Conference, which is being hosted in Doha, from 9 to 12 May. This premier event takes place every four years to explore the theme of “energy and Arab co-operation” (click here for this year’s program).
Following a well-established tradition, APICORP has been invited to prepare a background report on the energy investment outlook. This report and the associated Economic Commentary for May are available in the Research section. The report’s key findings and recommendations will be presented for discussion at a panel of high level policy-makers. The corresponding PPT, titled The Arab Energy Investment Outlook : What Policies for the ‘New Normal’? summarizes, complements and updates the background report, and takes a broader view to initiate the panel discussion. It will be posted on 10 May, the day of the panel discussion.
Kyoto, Copenhagen and Beyond
The global effort to address climate change, which is guided by the 1992 United Nations Framework Convention on Climate Change (UNFCC) and its 1997 Kyoto Protocol, has been challenged by vital political and socio-economic interests. As the world’s politicians and policy makers gather in Copenhagen to hammer out a post-2012 Kyoto, it is worth pondering the stakes of the potential economic and social costs associated with achieving different goals. At APICORP, our focus is on the impact and policy responses of the petroleum-exporting countries [link to Ali Aissaoui’s presentation].
APICORP’s at the 2009 Middle East Oil & Gas Show & Conference (Bahrain, 16 March 2009)
In a contribution to a Middle East Oil & Gas Show and Conference – MEOGS’s Executive Panel Session, Ali Aissaoui, Head of Economics & Research, examines the extent the global financial crisis is engulfing MENA and offer key policy recommendations. The focus in on the impact of downward trends in the credit and oil markets on both the macroeconomic outlook, which is expected to deteriorate seriously, and the energy investment outlook, whose lower potential is likely to be capped further [… Presentaion].
APICORP’s Participation to the Private Sector & Civil Society Forum – Kuwait, 17-18 Jan 2009
>APICORP participated in the Private Sector & Civil Society Forum, which took place on 17-18 January 2009 in Kuwait, ahead of the Arab Summit for Economic & Social Development.
We contributed to the energy session of the Forum, both as a speaker (click here for full presentation) and as a panel discussant participant. Our aim was to convey some of the policy recommendations consistent with the energy investment outlook, an increasingly weak economic environment and continued liquidity and funding constraints. We are satisfied that most of these recommendations have found their way into the summary of issues submitted to the Summit.
The Forum was originally designed in a context of a strong economic outlook with a program aimed at being “apolitical” in order to avoid divisive issues. Ultimately, however, the whole enterprise was caught up by the tragedy that has befallen the people of Gaza. Furthermore, the Forum has to consider and assess the impact of the financial crisis and that of the oil crisis in order to properly redefine the region’s priorities and identify the new challenges facing it. This was greatly facilitated by a gathering of Arab Finance Ministers and Central Bankers, held just before the Forum on 14 January, who highlighted the need for a coordinated response to the twin crises.
Finally, as far as the Forum’s materials are concerned, all relevant documents, recommendations and declarations are being posted on www.arabeconomicsummit.org
Aissaoui’s Presentation at the 16th Arab Economic Forum Meeting
/Arab Macro-economic and Energy Investment Outlooks: Reassessing the Balance of Risks” is the presentation presentation by Ali Aissaoui, Head of Economics & Research, on the occasion of the annual meeting of the Arab Economic Forum (Beirut, 2-3 May 2008). The presentation, which is titled “MENA/Arab macroeconomic and energy investment outlooks, reassessing the balance of risks”, was prepared to support a panel discussion that explored current economic issues from both a global and regional perspective….[Details]
Aissaoui’s Presentation at Chatham House Middle East Energy Conference (February 2008)
“Diversifying MENA Petroleum-dependent Economies: Where Does Saudi Arabia Stand?” is the presentation made by Ali Aissaoui, Senior Manager of Economics and Research Department at Chatham House Middle East Energy Conference (London 4-5 February 2008).
Aissaoui’s Presentation on the Occasion of the Inaugural Meeting of the Arab Energy Club
“A MENA macro-economic and energy investment outlook: Sustained growth amid uncertainty” is the presentation made by Ali Aissaoui, Senior Manager of Economics and Research Department at the inaugural meeting of the Arab Energy Club (Beirut, 18 December 2007).
The presentation was prepared to support a brainstorming session on the macroeconomic and energy investment outlook of the MENA region:
- Global uncertainties and risks
- MENA macroeconomic outlook
- MENA energy investment outlook
- Issues for discussion
In statement to (Al-Jezirah) APICORP’s Chief Executive: Arabs need US$420 billion in petroleum investments for the coming 5 years
APICORP CE&GM Ahmad Bin Hamad Al-Nuaimi stated in an interview with Al-Jezirah daily newspaper that the investment requirements of the petroleum industry sectors in the Arab world exceed US$ 420 billion for the coming 5 years (Arabic Article)…[Details]
OPEC: Today’s Market Dilemma and Tomorrow’s Economic Challenge
“OPEC: Today’s Market Dilemma and Tomorrow’s Economic Challenge” is the presentation made by Ali Aissaoui, Head of Economics & Research, at the 3rd OPEC Summit (Ministerial Symposium) on 15 November. The presentation provided background support for a panel discussion on the following issues facing OPEC:
- Responding to a rapidly changing market place.
- Shaping LT price expectations and a common investment policy.
- Informing public policy on economic diversification.