OPEC Secretary-General Mohammed Barkindo dies

AFP

The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC) Mohammad Barkindo has died. He was 63.

Barkindo was due to step down at the end of this month after six years in the top job at the OPEC.

"We lost our esteemed Dr Muhammad Sanusi Barkindo," the boss of Nigerian National Petroleum Corp (NNPC) Mele Kyari wrote on Twitter, adding that he died late on Tuesday.

The death is a "great loss to his immediate family, the NNPC, our country Nigeria, the OPEC and the global energy community," Kyari added.

Kyari said Barkindo died hours after meeting Nigerian President Muhammadu Buhari and giving the main speech at an energy summit in Abuja.

Barkindo said the oil and gas industry is "under siege" due to years of under-investment and that allowing trade in oil from Iran and Venezuela could help address the market's current tight supply.

Barkindo's career in the oil industry began in Nigeria in the early 1980s. He served in various capacities at the NNPC and represented Nigeria on OPEC's Economic Commission Board.

He served as acting OPEC secretary-general in 2006 before returning to the position 10 years later and has led the organisation through a turbulent oil market period including steering it towards greater cooperation with non-OPEC oil producers.

After leaving OPEC Barkindo was due to join US think tank the Atlantic Council's Global Energy Center as a distinguished fellow, the Council recently announced.

More from International

Coming Up on Dubai Eye

  • The Agenda

    10:00am - 1:00pm

    Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

  • Entertainment Extra

    1:00pm - 2:00pm

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Flying Taxis

    It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.

  • Tough penalties for deliberate tax evasion

    The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.