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This theme was also elaborated on at the opening

ceremony by Jozsef Laszlo Toth, President of the World

Petroleum Council, who noted that energy corridors play

an important role in securing safe and economically

viable access to hydrocarbon markets, especially from

Central Asia and from the Middle East.

He added that given an expanding global population,

continued global economic development, and the fact

that oil and natural gas will remain the world’s leading

energy resources for decades to come, it is vital to find

ways and means to deliver future energy demand around

the world in a safe and environment-friendly manner. He

said that it will “require massive investment, technology,

the highest skilled human resources and superior ethical

business practices.”

OPEC Secretary General

It has been evident over the past year that OPEC has also

been undertaking actions that focused on bridging to the

future, specifically by helping bring forward the oil mar-

ket rebalancing process and seeing sustainable stabil-

ity return to the market. These issues were elaborated

Turkish President, Recep Tayyip Erdo


an, delivered a speech during the 22


World Petroleum

Congress at the Istanbul Convention Centre in Istanbul, Turkey.

Fatih Birol, Executive Director, International Energy Agency (IEA).

Dr Sun Xiansheng, Secretary General, International Energy Forum (IEF).




OPEC bulletin 8–9/17