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28

OPEC bulletin 11/17

D e c l a r a t i o n o f C o o p e r a t i o n

Dr Emmanuel Ibe Kachikwu

Minister of State for Petroleum Resources, Nigeria

What is your assessment of the OPEC and non-OPEC

consultations and collaboration we have seen since

last year?

I think the whole idea of getting both OPEC and non-OPEC

countries together was a fantastic idea. […] We all pushed

for it, and the sheer momentum that has gathered and

what it has done for the industry has been unbelievable.

More importantly, it’s helped forge unity, even [among]

OPEC Members. All in all, it’s been good.

I think the Secretariat has done an excellent job, while

taking on an additional workload.

Would you have predicted the level of success that these

consultations — and the ‘Declaration of Cooperation’ —

have had?

I didn’t think we would get this sort of momentum and

unity between OPEC and non-OPEC countries that eas-

ily. But I always felt cooperation was a solution. I always

advocated for it.

The more universality we can bring to this relation-

ship, the more stability we bring to the market — so I am

happy with what we have achieved so far.

Dr Emmanuel Ibe Kachikwu.