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Haitham Al-Ghais set to start role as first Kuwaiti OPEC chief

KUWAIT: Haitham Al-Ghais will begin his new role as secretary-general of the Organization of the Petroleum Exporting Countries on Monday, the Kuwait News Agency reported. The Kuwaiti takes over from Nigerian Mohammad Barkindo, who died in July. In an interview with KUNA on Sunday, Al-Ghais thanked Emir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah and Crown Prince Sheikh Mishal

Transcripts for BBCNEWS Talking Business 20240604 00:54:00

we ve seen in the past opec members sometimes at war with each other, iraq and iran during the 1980s for an eight year war, and yet managed to continue to collaborate partner within opec. i d also like to just take the opportunity to remember and honor secretary general mohammad barkindo, who s a good friend, who passed away recently and suddenly and his end of his tenure in opec. he was a great figure in the global energy stage and played a key role in that diplomacy in those critical years. do you think the relationship with opec and russia is part of the reason we are not seeing many of the opec nations join in on the sanctions? i many of the opec nations “oin in on the sanctions? in on the sanctions? i think those are in on the sanctions? i think those are two in on the sanctions? i think those are two separate - in on the sanctions? i think. those are two separate issues because sanctions are about

Transcripts for BBCNEWS Talking Business 20240604 14:54:00

ago, during the covid pandemic, that the whole world relied on that and actuallyjoined in that alliance. the us government encouraged us companies to participate in that when oil prices crashed and actually hit briefly negative levels. so it s been important for global energy stability. it s not about, you know, necessarily friendship or political alliance. we ve seen in the past opec members sometimes at war with each other, iraq and iran during the 1980s for an eight year war, and yet managed to continue to collaborate partner within opec. i d also like to just take the opportunity to remember and honour secretary general mohammad barkindo, who s a good friend, who passed away recently and suddenly and his end of his tenure in opec. he was a great figure in the global energy stage and played a key role in that diplomacy

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