Kuwait has nominated its former governor to the Organization of the Petroleum Exporting Countries (OPEC), Haitham al-Ghais, to lead the oil producer group after Mohammad Barkindo’s term as secretary general, two sources close to the matter said.
Nigerian Barkindo, whose is due to step down at the end of July next year, took OPEC’s top job in mid-2016 and was granted a second three-year term in 2019.
Al-Ghais is the only candidate to be nominated so far, the sources said.
Al-Ghais stepped down as Kuwait’s OPEC governor in June this year and was appointed deputy managing director of international marketing at state-owned Kuwait Petroleum Corporation (KPC).
He was previously in charge of KPC’s regional offices in Beijing and London before becoming governor to OPEC in 2017.
Kuwait, Iraq back OPEC+ oil supply rise plan, despite calls for extra supplyKuwait and Iraq support sticking to plans to raise oil output by 400,000 barrels per day (bpd) at an OPEC+ meeting on Thursday, as the US called again ... Energy
OPEC+ could reconsider output increase, says Kuwaiti oil ministerThe increase in oil output agreed last month by OPEC+ nations could be reconsidered at its next meeting on Sept. 1, Kuwait’s oil minister said on ... Energy
Oil price rises towards $85 on demand recovery, lagging OPEC supplyOil rose towards $85 a barrel on Tuesday, not far from a multi-year high, supported by signs that supply from OPEC and other producers is falling ... Energy
Oil industry necessary to fight climate change, energy poverty: OPEC’s BarkindoClimate change action needs to consider the extensive problem of energy poverty, with developing countries set to suffer unless all facts are taken ... Energy