GCC oil ministers hold meeting in Doha

Doha, December 21, SPA -- Qatar's Deputy Premier and Minister of
Energy and Industry Abdullah bin Hamad Al-Atiyyah opened here today
the 28th conference for GCC oil ministers.

Saudi Arabia's delegation to the meeting was headed by Minister of
Petroleum and Mineral Resources Ali bin Ibrahim Al-Naimi.

In a key address, Qatar's minister of Energy and Industry said that
preservation of the oil market equilibrium has become a collective
responsibility, drawing the attention that current oil price will
push investments in oil production projects in producing countries
downward leading to future supply shortages.
--SPA