15th international Energy ForumALGIERS-The 15 International Energy Forum (IEF15) opened Tuesday at the Algiers International Conference Center (ICC) in the presence of Prime Minister Abdelmalek Sellal and many delegations to discuss global energy perspectives and challenges.

Held under the theme "Global energy transition: An enhanced role for energy dialogue," IEF15 brings together ministries of Energies of 54 member countries, CEOs of oil and gas companies and leaders of international organizations including the International Energy Agency (IEA), Gas Exporting Countries Forum (GECF) and experts.

Several experts agree that a constructive dialogue between the producer countries themselves and between these latter and the consumer countries constitute, through this forum, an opportunity to hold talks on energy issues.

Two round-tables will be held Wednesday on access to energy as a key factor for human development, the role of technology in strengthening energy security.

Besides, the Organization of Petroleum Exporting Countries (OPEC) will held Wednesday an informal meeting following the 15th IEF to try bringing closer opinions between members in order to readjust the oil market and stabilize prices.

Minister of Energy Noureddine Boutarfa said Sunday “all the countries of OPEC agree to stabilize. We should nevertheless find the formula accepted by every part,” said Sunday Minister of Energy Noureddine Boutarfa in a press conference.

According to the minister, Russia, Saudi Arabia and Iran are all in favour of a freeze in oil production.

APS, 27/09/16