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OPEC appoints Kuwait’s Haitham Al Ghais as new secretary general

Sumit Arora Published On January 8th, 2022 Leave a comment

Organization of the Petroleum Exporting Countries (OPEC) has appointed Kuwaiti oil executive Haitham Al Ghais as its new secretary-general, as demand for oil continues to improve amid a mild recovery from the coronavirus pandemic. Al Ghais, a veteran of the Kuwait Petroleum Corporation and Kuwait’s Opec governor from 2017 to June 2021, will take the group’s reins in August, replacing Mohammad Barkindo.

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The move comes as the oil exporters’ group and its allies prepare to decide on a future course for oil production. Opec+ is expected to stick to the plan and increase production by 400,000 barrels per day in February.

Important takeaways for all competitive exams:

OPEC Headquarters: Vienna, Austria;
OPEC Founded: September 1960, Baghdad, Iraq.

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Sumit Arora

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As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.