Nigeria's Mohammed Barkindo becomes OPEC scribe

Jun 03, 2016, 02:16

A former Group Managing Director of the Nigerian National Petroleum Corporation, Mohammed Barkindo, has emerged as the Secretary-General of the Organisation of Petroleum Exporting Countries.

The post Ex-NNPC GMD, Barkindo, becomes OPEC secretary-general appeared first on Punch Newspapers. Hopes of a deal were dashed after Iran - an OPEC member that is trying to revive its oil industry after years of economic sanctions - refused outright to consider a freeze. "That would be one of the priorities to go forward", Barkindo told reporters. United Arab Emirates Oil Minister Suhail Mohammed Al Mazrouei also said the field had narrowed to just two "credible" candidates.

Barkindo replaces Libya's Abdallah Salem El-Badri, who has been in charge since 2007.

Barkindo started his career as a member of the Nigerian delegation to OPEC in 1986 when the late Dr. Rilwanu Lukman was Minister of Petroleum Resources (People called him Rilwanu Lukman's right-hand man).

As the group meets on Thursday, analysts expect geopolitical tensions between both Iran and Saudi Arabia, as well as other struggling OPEC members who are unhappy with low oil prices and the group's direction of travel - to take center stage. He also served for 15 years as Nigeria's national representative to OPEC.

He served as the acting Secretary General of OPEC in 2006 after Edmund Dakouru. His candidacy has been supported by Ecuador.

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