Sunday, 14 September 2014

Gulf countries considering unified prices for petroleum products | GulfNews.com

Gulf countries considering unified prices for petroleum products | GulfNews.com:



"The six member states of the Gulf Cooperation Council have considered the possibility of unifying their prices of petroleum products at a recent meeting in Kuwait, according to Suhail Bin Mohammad Faraj Faris Al Mazroui, UAE Minister of Energy.



The GCC petroleum and energy ministers discussed the unification of petroleum products at the 33rd meeting of the GCC Petroleum Cooperation Committee last Thursday in Kuwait, Al Mazroui, who led the UAE delegation to the meeting said in a statement today.



Al Mazroui emphasised that the six GCC states will continue their cooperation on petroleum and energy.



In Kuwait, the GCC petroleum and energy ministers also convened the 27th meeting of GCC Electricity and Water Cooperation Committee."



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