A representative of Kuwait Heisam Al-Guice will be the new Secretary General of the Organization of Oil Exporting Countries (OPEC). This is reported on the organization’s website.
On August 1, 2022, he will change as a representative of the representative of the representative of Nigeria Mohammed Barkindo, which occupies the position of two senses in a row since 2016.
As noted by Al Jazeera, Al-Guice works in the oil industry for three decades. He was also the head of the Kuwaiti delegation from 2017 to 2021. According to the head of the consulting company JBC Energy Johannes Benigny, Al-Guis is very smart, knows all the subtleties of the market, and is also a good analyst.
Previously, the Secretary Secretary General Mohammad Barkindo warned that the world market could soon encounter an overabundance of oil. The reason, in his opinion, is that the restoration of the global economy after a pandemic will gradually slow down.