OPEC bulletin 10/17
Back at the helm
The Secretary General began by congratulating Minister
Del Pino on his recent re-appointment as Venezuela’s
Minister of the People’s Ministry of Petroleum. This was
his first visit to the Secretariat after being re-appointed
to the post on August 24, 2017.
Del Pino had previously served in the role of People’s
Minister of Petroleum and Mining from November
2015 until January 2017. During that time, he was also
President of Venezuela’s national oil company, Petróleos
de Venezuela SA (PDVSA). In 2016, he played a key role
in helping OPEC reach the landmark decisions that led
to the ‘Declaration of Cooperation’.
The Minister briefed the Secretary General on the out-
come of the consultations he had been conducting over
the previous days with several oil and energy ministers
of OPEC and non-OPEC oil-producing countries.
Afterwards, in a separate meeting, the Minister
received a detailed briefing on the latest developments
in the global oil market and an update on the conformity
levels of the participating countries of the ‘Declaration of
Both the Secretary General and the Minister con-
firmed their satisfaction with the continued high level of
commitment of the 24 participating countries to achieve
the full and timely implementation of the ‘Declaration of
Proactive and engaged
Before the meeting concluded, the Minister expressed
his appreciation to the Secretary General and the
Secretariat staff for the warm reception and the inform-
ative and insightful presentations and meetings that
had been arranged for his visit. He also commended
the OPEC Secretariat, under the astute leadership of
the Secretary General, for enhancing the level of excel-
lence in its work.
In his parting words, he encouraged the OPEC
Secretariat, as the face of OPEC’s Member Countries, to
remain engaged and proactive in its efforts, including
through the participation at major international energy
Eng Eulogio Del Pino (l), People’s Minister of Petroleum of Venezuela, with Mohammad Sanusi
Barkindo, OPEC Secretary General.