Wednesday 1 June 2016

BARKINDO MAY EMERGE OPEC SECRETARY GENERAL JUNE 2

The Organisation of Petroleum Exporting Countries (OPEC) is likely to choose a former Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mohammed Barkindo, as the next Secretary-General of the producer group, three sources with knowledge of the matter told Reuters yesterday.

This is coming as OPEC’s oil output fell in May from near a record high, a Reuters survey found on Tuesday, as attacks on Nigeria’s oil industry and other outages outweighed increases in Iran and Gulf members.
 

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