Skip to main content

7th OPEC International Seminar

The 7th OPEC International Seminar took place on 20-21 June 2018 in Vienna, Austria, and gathered numerous ministers from oil-producing and oil-consuming nations, as well as heads of intergovernmental organisations and chiefs executives of national and international oil companies. This edition was the first seminar held since OPEC and non-OPEC signed the ‘Declaration of Cooperation’ in December 2016.

The seminar’s central theme was “Petroleum – cooperation for a sustainable future” and tackled major issues such as global energy futures, technology breakthroughs, the energy transition, investments, the global economy and global oil markets.

Energy Charter Secretary-General, Dr Urban Rusnák joined Session V entitled “World Economy and the Future of Oil”. He raised the importance of investment protection in the energy sector and the role of the technologically-neutral Energy Charter Treaty as a means of promoting energy investments during an era of energy transition. 

On the margins of the seminar Dr Rusnák held bilateral talks with high-level participants: HE Parviz Shahbazov, Minister of Energy of Azerbaijan; HE Pablo Campana Minister of Foreign Trade and Investment of Ecuador; HE Mohammed bin Hamad Al-Rumhy, Minister of Oil and Gas of Oman; HE Mohammed Bin Saleh Al-Sada, Minister of Energy and Industry of Qatar; HE Yury Sentyurin, SG of the Gas Exporting Countries Forum (GECF); and Mr Majid Jafar, CEO of Crescent Petroleum.