Financial Energy Review
Hints from OPEC emerged over the weekend that there are moves by OPEC member countries deciding today who replaces Nigeria’s Mohammed Sanusi Barkindo as Secretary General of the Organization.
The ministers of the OPEC countries will hold a special meeting on today, January 3, where they will discuss the candidacy of the new Secretary-General of the organization, who should replace Mohammed Barkindo starting from August, according to the agenda of the meeting.
A source said that the only candidate for this post so far is the representative of Kuwait, Haitham al-Ghais, who led the country’s delegation to OPEC from 2017 to 2021. Earlier, OPEC ministers discussed this issue in early December, but could not make a decision and postponed the vote to January.
Mohammed Barkindo has occupied the post of OPEC Secretary-General since 2016, his second term of office expires in July 2022. According to the OPEC charter, the Secretary-General is elected for a three-year term and can be re-elected only once.
