Munich, Jumada I 03, 1437, February 12, 2016, SPA -- Secretary General of the Gulf Cooperation Council (GCC) Dr. Abdullatif bin Rashid Al- Zayani participated here today, in a panel discussion on the "energy security" within the agenda of Munich Security Conference. Discussion focused on the effects of the decline, in world oil prices on the global economy, economies of the oil producer and consumer countries and the potential prospects of the world oil market, in light of the rapid developments. --SPA 01:31 LOCAL TIME 22:31 GMT www.spa.gov.sa/w