OPEC Secretary General, Mohammad Sanusi Barkindo, and an accompanying delegation of OPEC officials met Tuesday afternoon with Khalid A. Al-Falih, Minister of Energy, Industry and Mineral Resources of the Kingdom of Saudi Arabia, in Riyadh. Al-Falih also serves as President of the OPEC Conference.
Minister Al-Falih welcomed the OPEC delegation, and commended the Secretary General for his leadership role as chief executive of the Organization, particularly during the extensive consultations and negotiations leading to last year’s landmark and historic agreements.
Barkindo thanked Minister Al-Falih for his hospitality and briefed him on the visit of OPEC’s delegation to the headquarters of Saudi Aramco in Dhahran on Monday. The Secretary General acknowledged the Minister’s extensive industry experience, which has spanned decades at Aramco, where he has served as both President and CEO. Saudi’s Aramco is the world’s largest oil and gas company.
The OPEC report on the January production shows that the 13 members pumped 32.1 million barrels per day (bpd) in January, below its target of 32.5 million bpd.
Since October, OPEC’s overall production has dropped by 1.6 million bpd, over the planned cut of 1.2 million bpd.
The Secretary General further recognized the Minister’s many contributions to his country and in the fulfillment of his OPEC responsibilities, which have benefitted from his rich reservoir of knowledge and experience, and he urged him to continue assisting the OPEC Secretariat in opening energy dialogues with institutes across the industry.
HE Mohammad Barkindo also briefed Minister Al-Falih on the visit of OPEC’s delegation earlier in the day to the King Abdullah Petroleum Studies and Research Centre (KAPSARC), informing him that the OPEC Secretariat and the Centre have agreed to build a technical working relationship through joint studies, projects and programmes.
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