OPEC Secretary-General Mohammad Barkindo dies at 63



Grant Smith and Salma El Wardany 7/6/2022

(Bloomberg) — OPEC Secretary-General Mohammad Barkindo, an oil industry veteran who steered the group through the creation of the OPEC+ alliance, has died in his native Nigeria. He was 63.


Barkindo

Barkindo was in the final weeks of his six-year tenure as the top diplomat at the Organization of Petroleum Exporting Countries, where he headed its Vienna-based secretariat. He had returned to Abuja in preparation for a post-OPEC career. No immediate cause of death was given.

The African Energy Chamber (AEC) said while words cannot express the tragedy of this loss, the legacy left he behind will be remembered by the global energy community for years to come.

“With a career spanning four decades, H.E. Barkindo dedicated his life and career to growing the Nigerian, African and global oil and gas sectors,” AEC said in a statement.

“We lost our esteemed Dr Muhammad Sanusi Barkindo. He died at about 11pm yesterday 5th July 2022. Certainly a great loss to his immediate family, the NNPC, our country Nigeria, the OPEC and the global energy community. Burial arrangements will be announced shortly.”

— Mele Kyari (@MKKyari) July 6, 2022

Barkindo oversaw one of the most turbulent periods in the organization’s history, beginning with the creation of the OPEC+ coalition just months after his appointment in summer 2016. The Nigerian engaged in a flurry of shuttle diplomacy to establish the once-unthinkable partnership with non-members, personally lobbying leaders including Russia’s Vladimir Putin.

His term spanned a series of production cuts intended to keep global oil markets in balance, culminating in the unprecedented reductions during the Covid-19 pandemic in 2020. With a warm and jovial style — and a fondness for wearing local headdress while visiting OPEC+ member nations — Barkindo was often key in easing tensions inside the fractious alliance. 

“This is indeed a very sad day for the OPEC family,” said Haitham Al-Ghais, the Kuwaiti oil official due to become secretary-general next month. “He was without doubt a great industry leader and also a friend. The legacy that Mohammad leaves behind him will be remembered in the history of OPEC for many years to come.”

During a trip to Houston in 2017, Barkindo took the unusual step of reaching out to OPEC’s rivals in the US shale industry, and over dinner with executives such as Mark Papa and Harold Hamm, struck an unlikely rapport that soothed years of acrimony between the producers. 

The act of “breaking bread,” as the Nigerian put it, would become an annual custom and yielded long-lasting relations with industry figures. The new-found sympathy of oil men like Hamm — who had once dismissed OPEC as a “toothless tiger” — may have eventually helped the group navigate relations with President Donald Trump, whose hostility turned to enthusiastic support during the OPEC+ market intervention of 2020.

“With his long and effective work in OPEC, he has rightfully gained a high international reputation,” Russian President Vladimir Putin said in an address to his Nigerian counterpart, according to remarks on the Kremlin website. “Mohammed Barkindo will always be remembered in Russia as a true friend of our country.”

It was also characteristic that when fossil fuel protesters demonstrated outside OPEC’s Vienna secretariat during a meeting in 2019, Barkindo — who had once represented his country in climate negotiations — invited some of them into the building for a discussion.

Barkindo died suddenly in Abuja, where he met on Tuesday with Nigerian President Muhammadu Buhari. His career plans after stepping down from the organization were to have included a fellowship at the Atlantic Council think tank. One of his final trips was to Baghdad, where OPEC was founded.

“Barkindo was a friend to Iraq and loved its people,” said Iraqi Oil Minister Ihsan Abdul Jabbar. “He was keen on strengthening OPEC’s role in stabilizing oil markets in the face of challenges that had stormed the oil sector and the global economy.”






Source link

Related articles

Your Purchaser Modified, You Did not. It is Time For A Income Course of Transformation.

What I’m going to inform you is one thing that you just already know. It’s not a shock, it’s...

SpaceX ‘forcefully rejects’ FAA conclusion it violated launch necessities By Reuters

By David Shepardson WASHINGTON (Reuters) -SpaceX mentioned Thursday it "forcefully rejects" the Federal Aviation Administration's conclusion that Elon Musk's firm didn't observe U.S. laws throughout two rocket launches, alleged violations carrying $633,000...

I switched to the iPhone 16 from an iPhone 15, and the improve was larger than anticipated

Whereas I hoped to see at the least a 90Hz refresh fee on the brand new iPhones, assuming that ProMotion (120Hz) was restricted to Professional units solely, Apple continues to...

TON blockchain sees explosive 3,435% development in day by day energetic addresses over 2024

The Open Community (TON) blockchain has skilled a big surge in its on-chain metrics in 2024, with buying and selling quantity, whole worth locked, energetic customers, and day by day transactions all rising...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com