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OPEC bulletin 5–7/17

C o n f e r e n c e N o t e s

The mandate of the JMMCwas also a subject of some

discussion, with OPEC delegates expressing a desire to

see it extended. This would be necessary in order to con-

tinue to monitor conformity with the voluntary production

adjustments, as well as to engage in ongoing evaluation

of market developments and to follow through with any

necessary recommendations. With the support and input

of the OPEC Secretariat, the JTC will continue to provide

monthly technical input to the JMMC throughout the

agreed-upon extension period.

The Conference also gave special attention to improv-

ing the ‘environmental footprint’ of oil, and it would,

according to the President, engage in an appropriate

manner with the United Nations Framework Convention

on Climate Change.

Ministerial acknowledgments

As usual, the delegates of the OPEC Conference

recognized the achievements and previous contribu-

tions of outgoing officials. Minister José Icaza Romero,

from Ecuador, Minister Etienne Dieudonné Ngoubou,

from Gabon, Acting Minister Anas Khaled Al-Saleh,

from Kuwait, and Minister Eng Eulogio Del Pino, from

Venezuela, have all left their ministerial posts. These

four men played an important role in helping OPEC and

non-OPEC producers reach the historic and landmark

decisions of last year, and the Conference extended its

appreciation for their commitment to the work of the


Separately, the Conference congratulated their incom-

ing replacements: Ing Carlos Pérez, the new Minister of

Hydrocarbons of Ecuador; Pascal Houangni Ambouroue,

the new Minister of Petroleum and Hydrocarbons of

Gabon; Issam A Almarzooq, Kuwait’s Minister of Oil and

Minister of Electricity and Water; and, finally, Dr Nelson

P Martínez, the new People’s Minister of Petroleum of


Dr Ibrahm Albesbas, Libya’s Ambassador to Austria and Permanent

Representative to the International Organizations in Vienna.

Dr Emmanuel Ibe Kachikwu, Minister of State for Petroleum Resources,