OPEC secretary-general in Luanda for four-day visit

27 August 2007

Luanda, Angola, 27 Aug – The secretary-general of the Organization of Oil Producing Countries (OPEC), Libya’s Abdalla Salem El-Hadri, has been in Luanda since Saturday on a four-day visit at the invitation of Angolan oil minister, Desidério Costa.

According to Angolan news agency Angop, El-Hadri heads a delegation of technicians from the organization that is to deal with issues related to the “price of OPEC’s benchmark basket,” including Angolan crude oil.

The “Production Monitoring Report” and “Requirements of the Monthly production Report,” 2006 Annual Statistical Questionnaire and Bulletin” and “Plans on OPEC production capacity: Medium term prospects” will be reviewed during the visit.

Also according to the OPEC schedule, El-Hadri is also due to visit Sonangol Pesquisa e Produção, Oil Activity Support Base (Sonils) and the Kwanza bar.

Angola was granted OPEC membership on December 14, 2006, at an extraordinary meeting held in Abuja (Nigeria).

Set up on September 17 1960, in Iraq, OPEC is made up of countries with some of the largest oil reserves in the world, such as Saudi Arabia, and aims to unify the oil policies of member nations. (macauhub)