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Gold/Mining/Energy : KERM'S KORNER

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To: Herb Duncan who wrote (11162)6/10/1998 5:00:00 PM
From: SofaSpud  Read Replies (5) of 15196
 
GENERAL INTEREST / World Petroleum Congress

GLOBAL DEVELOPMENT CHALLENGES THE PETROLEUM INDUSTRY CALGARY GEARING UP TO HOST THE OIL WORLD

CALGARY, June 10 /CNW/ - Escalating global development and rising energy
demand will be the focus of the next millennium when The World Petroleum
Congress meets in Calgary in 2000.
''Petroleum for global development: networking, people, business and
technology to create value,'' is the theme for the Congress set for June 11 -
15, 2000.
Dirk van der Meer, President of the World Petroleum Congresses, announced
the theme of the Calgary Congress at a news conference Wednesday during
Canada's National Petroleum Show.
''As the world enters the third millennium, the international oil
industry will face a rising pace of development, particularly in Central and
East Asia, Africa, South America and Eastern Europe. At the same time,
business is expected to shift to a freer commodity market as the competition
for capital increases alongside the growing demand for petroleum to fuel
development,'' said van der Meer, who was elected in 1994 as President of the
World Petroleum Congresses by its 53 member nations.
The 16th World Petroleum Congress, to be held for the first time in
Canada, will feature technical presentations, forums on international issues,
facilities tours and the engineering and service industry exhibits of the
National Petroleum Show.
''Every three years, petroleum industry experts from all over the globe
gather to share ideas, solutions, innovation and trends that help bring the
fruits of the petroleum industry to billions of people around the world,''
said Francisco Pradas Perez, Chairman of the Scientific Program Committee for
the World Petroleum Congresses. ''In two years, Calgary will be the centre of
the oil world as experts gather to showcase the science, technology and
entrepreneurial spirit required to energize the planet.''
''Bringing such a prestigious event to Calgary is a credit to Canada as a
world leader in oil and gas exploration, development, production and
transportation,'' said Ray Cej, Chairman, Canadian Organizing Committee of the
16th World Petroleum Congress.
When combined with the National Petroleum Show two years from now, the
16th World Petroleum Congress will make Calgary home to ''The Greatest Indoor
and Outdoor Oil Show on Earth,'' Cej said Wednesday.
The World Petroleum Congress, held every three years, was founded in
London in 1933 to provide a forum for discussing issues facing the oil
industry on a worldwide basis. The 2000 Congress is expected to attract more
than 3,000 delegates from 80 countries.

-30-
For further information: Ray Cej, Chairman, Canadian Organizing
Committee, 16th World Petroleum Congress, (403) 213,6764, Barbara Zach,
Executive Director, Canadian Organizing Committee, 16th World Petroleum
Congress, (403) 218-2000, Fax: (403) 218-2002, Email:
cdn.assoc@wpc2000.com, Website: www.wpc2000.com

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