Sudden!Secretary -General OPEC died, originally scheduled to step down at the end of this month

Author:Daily Economic News Time:2022.07.06

According to CCTV News, on July 6, local time, the Organization of the Petroleum Exporting Countries (OPEC) announced on social media that OPEC Secretary -General Mohammed Sinussei Balkin Dorod died on his motherland Nigeria on the day (5th).

Picture source: OPEC official website

The agency said that Balkin was deeply loved, and his death was a huge loss for the entire OPEC family, the petroleum industry and the international community.

Organization of Petroleum Exporting Countries (OPEC) Secretary -General Balkinso

Image source: Visual China-VCG111390679104

Earlier on the 6th, Kiary, the general manager of Nigerian National Petroleum Corporation (NNPC), said, "We have lost Dr. Mohammed Sinussei Balkino. He last night (July 5, 2022 (July 5, 2022 He died around 23:00. This is undoubtedly a huge loss for his direct relatives, Nigerian National Petroleum Corporation, Nigeria, Our Organization of Petroleum Exporting Countries and Global Energy Community. Announced. "

Picture source: public information

Balkinso is Nigeria, who has long served in Nigerian National Petroleum Corporation. In 2006, he was the Secretary -General of OPEC. In August 2016, he served as Secretary -General of OPEC.

Picture source: OPEC official website

According to Chang'an Street, it is quoted by Reuters, Balkin is 63 years old. Since 2016, he has served as Secretary -General OPEC. According to Bloomberg, Balkinso recently returned to Abuja, the capital of Nigeria to prepare for the later OPEC era.

Reuters quoted Kiary as saying that a few hours before their death, Balkin was interrupted by Nigerian President Mohamo Buhari and delivered a speech at a energy summit in Abuja.

According to the OPEC official website, at the opening ceremony of the 21st Nigerian Petroleum and Natural Gas (NOG) meeting on the 5th, Balkino delivered a speech: "It is the honor of being a lifetime of Secretary -General of OPEC. In six years, we have witnessed challenges and historic moments, and this time it highlights the importance of cooperation and teamwork again. "

Opec's official website said that Balkago met with Balkin on the 5th and expressed his gratitude to him, saying that Balkin was a respectable ambassador for the country. Bukhari said that Barkino has been the six -year career of OPEC Secretary -General, which makes the country and himself proud of it. Later generations will be kindly remembered to Barkin.

Bloomberg reports that Balkin is a veteran of the oil industry and has led OPEC to create the "OPEC+" Alliance, which has led the organization to establish partnership with non -member states such as Russia. Balkino carried out a series of shuttle diplomacy, gathered oil -producing countries, and personally met with leaders of various countries including Russian President Putin.

According to the surging news, as the secretary -general, Balkin is the spokesperson for OPEC in front of international institutions and is responsible for convening a meeting, including holding a special meeting under the conditions of market conditions. The position is also responsible for supervising the daily affairs of OPEC Vienna Secretariat. During its term, the global oil industry has gone through a challenging market environment. Since the new crown epidemic in 2020, oil prices have plummeted.

Balkino contributed to the largest scale reduction agreement in history in the history of the "OPEC+" organization in May 2020, which helped the oil market that was impacted by the epidemic to gradually return to balance. "OPEC+" is composed of OPEC and 10 non -OPEC oil -producing nations led by Russia. The alliance plans to terminate all production reduction in August and will be held on August 3 to determine the action policy after September.

According to CCTV News, on June 30, local time, the Organization of the Petroleum Exporting Countries (OPEC) and the non -OPEC oil -producing country held the 30th Ministerial Meeting by video.

In view of the current situation of the oil market and consensus on its prospects, all parties have once again confirmed the decision and subsequent decisions of OPEC and non -OPEC oil -producing countries at the 10th Ministerial Meeting of Oil producing oil countries, including OPEC and non -OPEC oil production. The output adjustment plan and monthly output adjustment mechanism approved by the 19th and 29th ministerial conferences of the country decided to increase the total oil output of 648,000 barrels (0.648 MB/d) in August 2022.

The meeting reiterated the importance of fully abide by and utilized the compensation mechanism, and the compensation plan shall be submitted in accordance with the statement of OPEC and non -OPEC's 15th Ministerial Conference.

The meeting also decided on August 3 this year to hold the 31st Ministerial Meeting of OPEC and non -OPEC oil -producing countries.

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