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OPEC Barkindo Lauds NNPC Reforms Amid Global Oil Market Challenge

Barkindo (middle) with top officials of the NNPC at the 24th World Enegry Congress in Abu Dhabi

The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), Mohammed Sanusi Barkindo, has commended the Nigerian National Petroleum Corporation (NNPC) for its ongoing reforms aimed at changing the fortunes of the corporation for the better.

Barkindo made the commendation shortly after inspecting the NNPC Pavilion at the 24th World Energy Congress in Abu Dhabi, United Arab Emirates.

The OPEC scribe said he was glad to see the corporation’s management pursue the dreams of its founding fathers despite the challenges of contraction in investment that have affected the global Energy Industry.

“I am glad that you continue to match on with your projects despite the downturn in the Industry. We have seen the Industry globally suffered in terms of contraction in investment which affected capacity. You have not only been able to stay on course, but you also continue with these projects which are critical for the development of the corporation and the Industry in Nigeria”, Barkindo stated.

Affirming his confidence in the new leadership of the corporation, the OPEC Scribe said that the competences were good match towards bringing the much-needed direction and development in the continental Oil and Gas Industry.

Barkindo particularly expressed his delight with Kyari’s transparency and accountability drive, as entrenched in his Transparency, Accountability Performance Excellence (TAPE) Vision, describing it as indispensable key elements towards gaining investor confidence.

“To lead such a sensitive and capital-intensive industry like the oil and gas, you must have transparency and accountability as one of your core principles in order to drive change.

‘’I am glad I know Mele Kyari for a very long time. He is a very capable and straightforward individual with high level of integrity. I remain confident that together with his team, and with the support of government, he will accomplish the task,” Barkindo stated.

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