09 July 2022

OPEC Secretary General Mohammad Barkindo dies.

Mohammad Barkindo, a Nigerian politician and secretary-general of oil producer group OPEC, died at the age of 63, just days before he was set to finish his term at the organization.

The head of Nigeria’s National Petroleum Corp., Mele Kyari, announced the news in a tweet, which was later confirmed by OPEC.

He was born in April 1959 in northeast Nigeria’s Adamawa state, Barkindo assumed the office of the OPEC Secretary-General in 2016. His tenure was scheduled to expire in July.

The cause of death has not been announced.

About the OPEC:

OPEC is a permanent, intergovernmental organization, created at the Baghdad Conference in 1960, by Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. It aims to manage the supply of oil in an effort to set the price of oil in the world market, in order to avoid fluctuations that might affect the economies of both producing and purchasing countries. It is headquartered in Vienna, Austria. OPEC membership is open to any country that is a substantial exporter of oil and which shares the ideals of the organization.

Source: www.cnbc.com

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