Remarks by OPEC Secretary General

Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the 7th Meeting of the Joint Ministerial Monitoring Committee (JMMC), 21 January 2018, Muscat, the Sultanate of Oman.

Mr. Chairman, Excellencies, distinguished delegates,

I would like to add my support to the wise and eloquent words of their Excellencies and add a few of my own.

On behalf of all of the staff at the OPEC Secretariat, I would like to express our deep appreciation to our Omani friends, for the gracious hospitality. The arrangements for today’s meeting have been truly outstanding. Thank you to the entire Omani team.

To His Excellency Khalid A. Al-Falih, Saudi Arabia's Minister of Energy, Industry and Mineral Resources, may I wish you every success in assuming this new role as Chairman of this committee. Given the outstanding job you did as President of the Conference, I am sure you will lead the JMMC to further glories in 2018. The Minister gave his country’s full support to our efforts and this played a crucial role in our unprecedented success.

I would like to pay tribute to your predecessor, HE Issam A. Almarzooq, Kuwait's Minister of Oil and Minister of Electricity and Water, who skilfully guided this Committee to the best first year we could possibly have hoped for. Let me bid a warm welcome to Kuwait’s new Minister of Oil and Minister of Electricity and Water, HE Bakheet S. Al-Rashidi, who will be a great asset to the JMMC team and will continue in the finest tradition of our Kuwaiti friends. We have already been assured by no less a person than His Highness Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, the Emir of Kuwait, whom I had the honour of an audience with a few days ago, and he reassured me of Kuwait’s continued commitment to our joint efforts and encouraged us to stay the course.

To the new President of the Conference, HE Suhail Mohamed Al Mazrouei, Minister of Energy and Industry, of the UAE, may I also join the Chairman and wish you every success in your new role. We could not hope for a better team.

Excellencies, ladies and gentlemen,

As I mentioned last night at our sumptuous dinner, to be in Oman, is to be among friends. Today, we meet not only to convene the JMMC, but also to celebrate friendship. Friendship has been the underreported, secret ingredient that transformed the Declaration of Cooperation into a breath-taking, unprecedented success. When professional relationships such as ours, evolve into friendships, united behind a common purpose, together, we can move mountains.

As we gather in the magnificent city of Muscat, it is only right that we pay tribute to the enduring bonds of friendship between OPEC and Oman.

Oman has been the very definition of ‘an all-weather friend,’ attending OPEC Ministerial Conferences as an observer for over thirty years, and supporting OPEC and non-OPEC technical meetings since their inception.

The greatest highlights in Omani-OPEC relations have occurred in the last 20 years. This is no mere coincidence. This is because of a very special gentleman, someone who we are honoured to call our friend- His Excellency, Dr. Mohammed bin Hamad Al-Rumhy, Minister of Oil and Gas of this great country.

From the bottom of my heart, I thank the Minister for his courage, commitment, inspirational example, and, above all, his friendship. When I reflect on the many years that we have known each other, I am reminded of the words of the great Irish poet, W.B. Yeats:

Think where man’s glory most begins and ends;
And say my glory was I had such friends.

Thank you and I wish us fruitful discussions.

HE Mohammad Sanusi Barkindo, OPEC Secretary General

HE Mohammad Sanusi Barkindo, OPEC Secretary General

The 7th meeting of the JMMC took place in Muscat, the Sultanate of Oman

The 7th meeting of the JMMC took place in Muscat, the Sultanate of Oman