Fahd Al-Turki: G20 Summit Raises Global Ranking of Saudi Research Centers

Vice President of the King Abdullah Petroleum Studies and Research Center (KAPSARC)Fahd Al-Turki, Asharq Al-Awsat
Vice President of the King Abdullah Petroleum Studies and Research Center (KAPSARC)Fahd Al-Turki, Asharq Al-Awsat
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Fahd Al-Turki: G20 Summit Raises Global Ranking of Saudi Research Centers

Vice President of the King Abdullah Petroleum Studies and Research Center (KAPSARC)Fahd Al-Turki, Asharq Al-Awsat
Vice President of the King Abdullah Petroleum Studies and Research Center (KAPSARC)Fahd Al-Turki, Asharq Al-Awsat

Fahd Al-Turki, Vice President of the King Abdullah Petroleum Studies and Research Center (KAPSARC), said that the G20 Riyadh summit 2020 will highlight Saudi Arabia globally, expand partnership networks, and enhance intellectual leadership, along with upgrading the global ranking of Saudi research centers.

A think tank conference bringing together a research and policy advice network for the G20 Saudi Presidency, dubbed Think20 (T20), will be held in Riyadh on Sunday and will discuss about 122 research tracks that represent the priorities of most think tanks and studies conducted.

Speaking to Asharq-Awsat, Turki said recommendations reached at the conference will be submitted to the leaders of the twenty countries next October, a few days before the G20 summit is held in Riyadh.

He also stated that KAPSARC and the King Faisal Center for Research and Islamic Studies were chosen to participate in the leadership of the T20, which is one of the communication groups in the G20 formed with the aim of providing information, research papers and supporting the outcomes of the summit to be held in Saudi Arabia this year.

The T20 group, according to Turki, aims to shape and influence the global dialogue through evidence-based research, to include national interests in the global agenda by holding dialogues and discussion sessions between different thought and opinion institutions, and to provide a platform for energy research centers and Saudi thought institutions to share their views and research.

Turki pointed out that Saudi Arabia seeks to achieve a future of economic prosperity, sustainability and inclusion, and therefore focused its goals on climate change and the environment by looking to set up a circular economy with low carbon emissions.

He also said that Saudi Arabia is focused on the empowerment of women and youth for a more inclusive society that observes pluralism, economic development and financial sustainability.



Libya's NOC Declares Force Majeure on El Feel Oil Field from Sept. 2

A view shows Sharara oil field near Ubari, Libya, July 6, 2017. Picture taken July 6, 2017. (Reuters)
A view shows Sharara oil field near Ubari, Libya, July 6, 2017. Picture taken July 6, 2017. (Reuters)
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Libya's NOC Declares Force Majeure on El Feel Oil Field from Sept. 2

A view shows Sharara oil field near Ubari, Libya, July 6, 2017. Picture taken July 6, 2017. (Reuters)
A view shows Sharara oil field near Ubari, Libya, July 6, 2017. Picture taken July 6, 2017. (Reuters)

Libya's National Oil Corp. (NOC) declared force majeure on El Feel oil field from Sept. 2, it said in a statement on Monday.

The field, which has a capacity of 70,000 barrels per day, is operated by Mellitah Oil and Gas, which is a joint venture between NOC and Italy's Eni.

Oil exports at major Libyan ports were halted on Monday and production curtailed across the country, amid a standoff between rival political factions over control of the central bank and oil revenue.