OPEC chief Mohammad Barkindo dies in Nigerian capital at 63 | OPEC News

Barkindo reportedly died hours after assembly Nigerian President Buhari and giving the primary speech at an vitality summit in Abuja.

The secretary-general of the Group of the Petroleum Exporting Nations (OPEC) has died within the Nigerian capital, Abuja, the nation’s oil chief stated.

Mohammad Barkindo, a Nigerian oil business veteran who steered the group by way of the creation of the OPEC+ alliance, was attributable to step down on the finish of this month after six years on the OPEC prime job. He was 63.

The pinnacle of Nigeria’s Nationwide Petroleum Company (NNPC), Mele Kyari, introduced the information in a tweet early on Wednesday, which was later confirmed by two sources at OPEC.

“We misplaced our esteemed Dr Muhammad Sanusi Barkindo,” Kyari tweeted.

“He died at about 11pm yesterday fifth July 2022. Actually a terrific loss to his rapid household, the NNPC, our nation Nigeria, the OPEC and the worldwide vitality group. Burial preparations will likely be introduced shortly.”

The reason for loss of life was not recognized but.

Barkindo’s profession spanned over 4 many years and it included stints at NNPC and Nigeria’s international and vitality ministries. He had returned to Abuja in preparation for a post-OPEC profession.

Kyari stated Barkindo died hours after assembly Nigerian President Muhammadu Buhari and giving the primary speech at an vitality summit in Abuja.

His tenure as the top of OPEC has been marked by world shocks that battered the business.

Throughout his speech in Abuja, Barkindo stated the oil and fuel business is “below siege” and nonetheless reeling from the large funding losses of current years.

“In a really brief time span, the business has been hit by two main cycles – the extreme market downturn in 2015 and 2016, and the much more far-reaching influence of the COVID-19 pandemic,” he stated in his final deal with.