2005 - OPEC
2005 - OPEC
2005 - OPEC
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<strong>OPEC</strong> President sends US Energy Secretary condolences and assurance<br />
in the aftermath of Katrina<br />
Vienna, Austria, 31 August <strong>2005</strong><br />
The <strong>OPEC</strong> Conference President has today sent a message of condolence to the government<br />
and people of the US following the devastating hurricane which struck parts of the southern<br />
states of the country earlier this week, causing enormous loss of life and property. ”Our deep-<br />
est sympathy goes out to the families and friends of all those who lost their lives or who have<br />
been injured in this natural catastrophe of unimaginable dimensions” the statement signed by<br />
the Organization’s President and Kuwait’s Minister of Energy, Sheikh Ahmad Fahad Al-Ahmad<br />
Al-Sabah, said.<br />
In the message addressed to the US Secretary of Energy, Samuel W Bodman, Al-Sabah as-<br />
sured the US that “<strong>OPEC</strong> MCs will continue their ongoing efforts to ensure that the oil market<br />
is well supplied with the crude oil it requires and stand ready to consider whatever other<br />
ways they might be able to assist.” He added that “the <strong>OPEC</strong> Conference will be discussing,<br />
at its forthcoming Meeting in September <strong>2005</strong>, additional measures that may be taken by<br />
the Organization, within its means, in this direction to ensure, to the extent possible, stability<br />
in world energy markets, particularly oil market stability which is so important to sustained<br />
economic growth and the advancement of global prosperity.”<br />
Sheikh Al-Sabah further reiterated the commitment of <strong>OPEC</strong> and the readiness of those of its<br />
MCs with sizeable remaining spare production capacity to further boost production levels to<br />
fill any supply shortfall resulting from the effects of Hurricane Katrina, to customers that call<br />
for it, adding that “<strong>OPEC</strong> stands ready to assume its responsibility and to work with others<br />
for the stability and security of the oil market.”<br />
<strong>OPEC</strong> considers further measures to help ease problems caused by<br />
Hurricane Katrina<br />
Vienna, Austria, 2 September <strong>2005</strong><br />
<strong>OPEC</strong> is considering what other measures it can take to help ease the severe problems caused<br />
by Hurricane Katrina, which had devastating consequences for the southeast of the US earlier<br />
this week. Such measures would be in addition to the offers of extra crude supplies to customers<br />
that have already been made by MCs with remaining, sizeable spare capacity. The President of<br />
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