Jasem Mohamed Albudaiwi, the Secretary General of the Gulf Cooperation Council (GCC), met with Haitham Al Ghais, the Secretary General of the Organisation of the Petroleum Exporting Countries (OPEC), on the sidelines of his participation in the World Economic Forum 2024.

The two sides discussed means to strengthen the energy sector, especially energy security and the rapid regional and international developments and conditions that have affected global energy markets, in a way that contributes to enhancing the stability of global oil market prices.

The meeting discussed the role played by OPEC in supporting the global oil market and the means to enhance cooperation.

The Secretary-General praised the efforts made by OPEC and its major and vital role in maintaining the stability and balance of oil markets and facing their future challenges, in coordination with member states.

Source: Bahrain News Agency