OB 03_04.2017
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OPEC bulletin 3–4/17

S y m p o s i u m


PEC Secretary General, Mohammad Sanusi Barkindo,

took the opportunity of his visit to Saudi Arabia to meet

with both the Minister of Energy, Industry and Mineral

Resources, Khalid Al-Falih, and the President and Chief Executive

Officer of Saudi Aramco, Amin Nasser.

Al-Falih commended the OPEC Secretary General for his lead-

ership role as chief executive of the Organization, particularly dur-

ing the extensive consultations and negotiations leading to OPEC’s

recent landmark and historic decisions.

Barkindo spoke highly of theMinister’s extensive industry expe-

rience, which had spanned decades, where he had served as both

President and CEO with Saudi Aramco, the world’s largest oil and

gas company.

The Secretary General further recognized the Minister’s many

contributions to his country and in the fulfillment of his OPEC

responsibilities, which he stressed had benefitted from his rich

reservoir of knowledge and experience. Barkindo urged Al-Falih

to continue assisting the OPEC Secretariat in opening energy dia-

logues with institutes across the industry.

The OPEC Secretary General also briefed Al-Falih on the OPEC

delegation’s visit earlier in the day to the King Abdullah Petroleum

Studies and Research Centre (KAPSARC), informing him that

the OPEC Secretariat and the Centre had agreed to build a tech-

nical working relationship through joint studies, projects and


KAPSARC, a global, non-profit institution that conducts inde-

pendent research on energy economics, collaborates with other

international research centres and public policy organizations

around the world. Its staff, which is composed of experts and

researchers from 15 different countries, works on numerous pro-

jects with the purpose of acting as a catalyst for enhanced energy


Its strategic objectives include developing sustainable eco-

nomic frameworks that may lead to lower energy supply costs,

more effective alignment between energy policy objectives and

outcomes, and higher value from energy consumption.

At KAPSARC, Barkindo and his accompanying team were wel-

comed by the Centre’s President, Samer AlAshgar, and the Director

of Research, David Hobbs. They were joined by other senior officials

and researchers.

Mohammad Sanusi Barkindo (l), OPEC Secretary General, meets with OPEC Conference President, Khalid Al-Falih, Minister of Energy, Industry and Mineral

Resources of Saudi Arabia, in Riyadh, Saudi Arabia.

Barkindo meets Al-Falih and

Aramco Head, visits research centre