Delegation led by OPEC General Secretary arrives in Malabo

A delegation led by Mohammed Sanusi Barkindo, OPEC General Secretary, arrived in Malabo on 27th July. The aim of the visit is the tour that he is making of various OPEC member and non-member countries, which has begin in Equatorial Guinea, as it is one of the nations that has recently joined the organisation.

Barkindo went to the administrative city of Djibloho on the morning of Wednesday 28th, together with the Minister for Mines and Hydrocarbons, Gabriel Mbega Obiang Lima, to attend the audiences scheduled by the President of the Republic, H. E. Obiang Nguema Mbasogo, and the Prime Minister, Francisco Pascual Obama Asue.

Another of the aims of his visit is to work with us, and monitor one of the greatest problems we have as oil producing countries, which is the drastic fall in petroleum. All members and non-members of OPEC took steps last November which helped to stabilise the price; prices fell once again and now we are seeing the results of some of the measures adopted, because prices are rising”, said the Minister for Mines, who ended the interview pointing out that the OPEC General Secretary, “is also here to report to us and the H. E. on the results of these measures, and possible new measures to be taken by OPEC, in order to ensure that the price of oil is more sustainable”.

After attending the audiences, the General Secretary returned to Malabo to visit places such as Punta Europa. Barkindo visited all the facilities, and congratulated the Government on the great work it is doing in the oil sector .

Finally, the delegation led by the General Secretary left Equatoguinean soil on Sunday 30th July.

Source: Official Web Page of the Government of the Republic of Equatorial Guinea

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