C o n f e r e n c e N o t e s
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M e e t i n g o f t h e C o n f e r e n c e
Alexander Novak, Russian Minister of Energy.
Khalid A Al-Falih, Saudi Arabian Minister of Energy, Industry and
Mineral Resources, and President of the OPEC Conference (r), gave the
recitation in honour of Dr Alirio Parra (l).
been similarly instrumental in pushing these for-
ward with commitment and dedication,” he said.
The Secretary General also praised the role of
Russian Energy Minister, Alexander Novak, who
he described as “the most reliable and depend-
able bridge in this flourishing dialogue between
OPEC and non-OPEC.”
Although some doubted a united position
with regards to the market rebalancing pro-
cess could be found among OPEC Member
Countries, let alone in combination with non-
OPEC producers, the recent decisions have
proved that the extensive deliberations and
consultations paid off. Even after the joint
decision of 10 December was announced,
some naysayers refused to believe that any
reasonable conformity with the produc-
tion adjustments could be reached. But
they were all mistaken, said Barkindo.
He called the ‘Declaration of
Cooperation’ “unparalleled” in history,
adding that given the nature of the mar-
ket downturn, a collective effort was
required. “No one could have done it alone.”