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Wednesday, November 23, 2022

OPEC chief Barkindo dies at 63, says Nigerian oil giant

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The Secretary Normal of the OPEC oil cartel, Nigeria’s Mohammed Barkindo, has died unexpectedly on the age of 63, the Nigerian Nationwide Petroleum Company stated on Wednesday.

“We misplaced our esteemed Dr Muhammad Sanusi Barkindo. He died at about 11pm yesterday fifth July 2022,” NNPC’s chief government Mele Kyari tweeted, with out offering any additional particulars concerning the circumstances of Barkindo’s loss of life, just a few hours after the top of the Group of the Petroleum Exporting Nations had met the Nigerian president in Abuja.

“Definitely an excellent loss to his speedy household, the NNPC, our nation Nigeria, the OPEC and the worldwide power neighborhood. Burial preparations might be introduced shortly,” Kyari wrote.

“This tragedy is a shock to the OPEC Household,” the Vienna-based Group of the Petroleum Exporting Nations tweeted.

“We specific our sorrow and deep gratitude for the over 40 years of selfless service that… Barkindo gave to OPEC. His dedication and management will encourage OPEC for a few years to return.”

Only some hours earlier, Barkindo had met Nigerian president Muhammadu Buhari in Abuja, the place Buhari praised Barkindo’s “distinguished achievements at OPEC.

“You had been in a position to efficiently navigate the organisation by turbulent challenges,” the president stated.

Barkindo had headed OPEC since 2016 and was scheduled to get replaced by Kuwait’s Haitham Al-Ghais subsequent month.

The cartel’s secretary normal doesn’t wield any government energy, however is OPEC’s public face and often has to behave as a diplomat to convey collectively the totally different, generally conflicting pursuits of the assorted member international locations.

Underneath Barkindo’s stewardship, OPEC solid ties with 10 different oil producing international locations, similar to Russia, to kind a wider group referred to as OPEC+ in a bid to higher tame international oil costs, rocked by the challenges of the coronavirus pandemic and extra lately the struggle in Ukraine.

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