OPEC’s 60th Anniversary Celebration Postponed

OPEC’s 60th Anniversary Celebration Postponed

The celebrations of OPEC’s 60th Anniversary in Baghdad postponed.

Mohammad Sanusi Barkindo, OPEC Secretary General, said in statements on Friday that he received a letter from Ihsan Abdul Jabbar Ismaael, Iraq’s Oil Minister stressing that it is “genuinely disappointing not to be able to host the 60th Anniversary” following months of preparations for the historic event.

“The health and safety of all are really important,” the Minister noted.

Barkindo also expressed his sincere gratitude for Iraq’s gracious initiative to host OPEC’s Diamond Anniversary in the Al-Shaab Hall in Bab Al-Muaadham, Baghdad, the site of OPEC’s founding in 1960.

“It is very unfortunate that we are unable to mark OPEC’s Diamond Anniversary in September at the same site; where the historic ‘Baghdad Conference’ was between 10 and 14 September 1960,” he said.

“It was a historic meeting in all senses that saw the common vision and wisdom of our Founder Members. It led to the creation of a foresighted organization that grew in stature and influence to become a distinguished entity within the global energy community,” Barkindo also noted.

OPEC is an intergovernmental organization; established on 14 September 1960 in Baghdad by its five Founder Members; Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. Its membership has grown since then to 13 oil producing countries.

This month, OPEC is also marking the 55th year since moving the Organization’s Secretariat to the Austrian capital of Vienna.