The African Energy Chamber welcomes the reappointment of Mohammed Barkindo as Secretary-General of OPEC as a stability factor for the African and global oil markets
Barkindo has managed to keep OPEC united as an organisation in a very unstable times and a deep crisis in commodity prices.
AEC stated that his leadership and diplomacy has restored market stability and successfully sealed landmark agreements such as the declaration of cooperation between OPEC and non-OPEC member countries.
More importantly for the continent, it was under Barkindo that OPEC gained its two newest African members, Equatorial Guinea in 2017 and the Republic of Congo in 2018.
Last year he was awarded the Africa Oil Man of the Year award by Africa Oil & Power for prioritising cooperation in turbulent times, stabilising oil markets and raising Africa’s voice on the global energy stage.
NJ Ayuk, executive chairman of the chamber and CEO of the Centurion Law Group, said, “The extension of Mohammed Barkindo’s mandate as secretary-general for another term is excellent news. It is well-deserved and a result of the trust he has gained from the entire global energy community.”
“Secretary Barkindo has maintained faith in the future of the oil and gas industry, he picks the right battles and fights them with courage. As the race towards stability continues, his sense of teamwork will continue building the bridges our industry needs to achieve greater prosperity,” he concluded.