OPEC Announces Kuwaiti, Al-Ghais As New Secretary-General, Replaces Barkindo
Oil & Gas

OPEC Announces Kuwaiti, Al-Ghais As New Secretary-General, Replaces Barkindo

By Babajide Okeowo

Top oil-producing countries on Monday picked Kuwaiti oil executive Haitham al-Ghais as the next Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC).

He will succeed Nigeria’s Mohammed Barkindo, who took over the helm of the organisation in 2016 and led it for two terms.

Al-Ghais, who was Kuwait’s OPEC governor from 2017 to June 2021, serves as a Deputy Managing Director of the Kuwait Petroleum Corporation (KPC).

His decades of experience in the industry include stints in Beijing and London for the state oil corporation.

OPEC said in a statement that al-Ghais was appointed by acclamation and will take up his three-year post on August 1.During Barkindo’s tenure, the group drastically slashed oil output in 2020 as the coronavirus pandemic hit global markets.

Leave a Reply

WP2Social Auto Publish Powered By : XYZScripts.com