Mohammed Barkindo appointed OPEC Secretary General

02 Jun 2016
Financial Nigeria

Summary

OPEC, which consists of 13 member countries and accounts for about 35 percent of the world’s oil production, said its next Ministers’ conference will be held on Wednesday, November 30th, 2016.

Incoming OPEC Secretary General Mohammed Barkindo

Mohammed Barkindo, a former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), has been appointed as Secretary General of the Organization for Petroleum Exporting Countries (OPEC).

Barkindo was appointed during OPEC’s 169th Ministers’ Conference, which was held in Vienna, Austria, on Thursday. He succeeds Libya’s Abdallah Salem el-Badri, who has held the position since January 2007.

“The Conference decided to appoint Mohammed Sanusi Barkindo, from Nigeria, as Secretary General of the Organization, with effect from 1st August 2016, for a period of three years,” an OPEC statement said.

“In doing so, the Conference expressed its appreciation to Abdalla Salem El-Badri for his leadership of the Secretariat and the Organization during his tenure as Secretary General.”

OPEC, which consists of 13 member countries and accounts for about 35 percent of the world’s oil production, said its next Ministers’ conference will be held on Wednesday, November 30th, 2016.

Barkindo was NNPC’s GMD from 2009 to 2010 and previously served as OPEC’s acting secretary-general in 2006. He becomes the fourth Nigerian to become OPEC’s Secretary General. The other three Nigerian OPEC secretary-generals are: Meshach Otokiti Feyide (1975-76), Rilwanu Lukman (1986-88 and 1995-2000), and Edmund Daukoru (January to December 2006).


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