Inside The Middle East

SHOW #41

IN FOCUS – World Petroleum Congress

As oil prices spiral upwards, industry makers convene in Madrid for the 19th World Petroleum Congress. Will the Madrid congress divert from the usual discussion on long term sustainability of the energy sector to come up with a solution to combat high oil prices? MME goes on the road to Madrid to find out what issues are on the agenda.

FACETIME – OPEC President Chakib Khelil

He has strong beliefs that the weak dollar is a primary cause of record high oil prices; that OPEC has done all it can to help curb prices, and that oil prices will not come down. This week at the World Petroleum Congress in Madrid, MME sits down with Chakib Khelil, the President of OPEC and also the Algerian Minister for Energy and Mines. Khelil is a key figure in the liberalization of the oil industry in Algeria, and he has a frank discussion with MME’s John Defterios about spiraling prices and global energy demand.