Closing Remarks by OPEC Secretary General

Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the 7th OPEC International Seminar, 21 June 2018, Hofburg Palace, Vienna, Austria.


Your Excellencies, distinguished guests, ladies and gentlemen, friends,

The English philosopher and Noble Prize winner Bertrand Russell once said, “The only thing that will redeem mankind is cooperation.”

Reflecting on our discussions over this Seminar, one cannot help but conclude that the future success of this industry indeed lies in the 3 “c’s”: cooperation; cooperation and cooperation.

This is reflected in values that we in OPEC truly believe in. Openness, transparency, and respect for all nations and stakeholders. These core principles, which lie at the heart of international relations and multilateralism, can help guide our Organization and the petroleum industry to a bright, sustainable future.

Interacting with all of you over the last day and a half, especially the young students and leaders of tomorrow, I bound with optimism that even though we have achieved so much in the past; our industry’s best days are ahead of us.

OPEC means many things to different people. But this Seminar has once again shown that above all, OPEC is about people; OPEC is a community; and, most importantly, OPEC is a family. It is in this spirit that I will deliver a few words of thanks.

Firstly, I would like to thank all our speakers, moderators, panelists and discussants who ensured our sessions were enlightening and illuminating. We are very grateful to have been joined by the crème de la crème of the energy industry, including over 100 Ministers, CEOs, heads of international organizations and other eminent industry leaders.

I would like to pay particular tribute to our sponsors. They have faithfully answered our call for support and done an outstanding job in ensuring all our events and side-events have been exquisitely executed.

Allow me to also thank the almost 900 delegates who have also played a tremendous role in ensuring this Seminar has been a success.

We could not have done it without all of you here.

OPEC is very blessed to have such distinct and diverse Member Countries. I would like to thank our 14 Member Countries for enriching this event.

At the OPEC Secretariat, we feel truly humbled to provide support to each and every one of you.

It is momentous that we have been joined by so many of our non-OPEC partners. The landmark “Declaration of Cooperation” was just a beginning and this Seminar has shown that this cooperation continues to evolve, and go from strength-to-strength.

To the Government of Austria and the City of Vienna; the best way I can convey my gratitude is to quote the beautiful words of the famous song, “Vienna, City of My Dreams,” which sums up why many of us call this city our second home:

My heart and my mind
is so full of Vienna
for Vienna as it weeps, as it laughs
that's where I know my way, that's where I'm at home


A final word of thanks must go to all of my colleagues at the OPEC Secretariat, who have worked so tirelessly in the preparation for this Seminar.

The OPEC Secretariat is a unique and special place to work for many reasons; but above all, it is because of the inspiring commitment and dedication of our staff. I have no doubt that all managers will be expressing their gratitude to their teams throughout the coming weeks.

Excellencies, ladies and gentlemen, friends,

Building trust and fostering dialogue between all stakeholders in the energy community is intrinsic to OPEC’s DNA. Thank you, one and all, for reciprocating our desire to promote knowledge exchange and mutual respect.

I wish you all a safe journey home. We hope you found the Seminar enjoyable, informative and thought provoking.

As we are in the city of music, I would like to leave you with one final thought from Halford Luccock, which encapsulates the common theme of this Seminar:

No one can whistle a symphony. It takes a whole orchestra to play it.

Thank you again.

HE Mohammad Sanusi Barkindo, OPEC Secretary General

HE Mohammad Sanusi Barkindo, OPEC Secretary General