Sunday, February 23, 2025
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Iranian oil minister elected as OPEC chairman



Iran will assume the rotating chairmanship of the Organization of the Petroleum Exporting Countries.

Mohsen Pakhnejad, Oil Minister of the Islamic Republic of Iran, has been elected as the brand new president of OPEC subsequent yr.

The determination was taken in the present day on the 189th (common) session of the Organization of the Petroleum Exporting Countries (OPEC), underneath the chairmanship of President Marcel Abeke, Minister of Petroleum of the Republic of Gabon and head of the nation. . Delegation.

Therefore, Mr. Paknejad will take over as Abeke’s successor.

The Iranian minister attended the assembly and said that OPEC continues to cooperate with non-OPEC companions, including, “Given the sensitivity and complexity of the present world state of affairs and sustaining unity and cohesion inside OPEC, we proceed to cooperate.” We are all properly conscious of the significance of doing so.” Engage and cooperate with non-OPEC companions underneath the framework of the Declaration of Cooperation. ”

“We take this chance to rejoice the eighth anniversary of the OPEC and non-OPEC cooperation declaration,” Paknejad mentioned, including: “A greater understanding of this path will information our future efforts.”

At the tip of his speech, the Iranian minister mentioned: “As the Chairman of the 2025 OPEC assembly, I’ll use all my talents and efforts to strengthen the unity, the spirit of solidarity and the progress of our honorable group. I’ll do my finest.”

MNA



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