Energy Aspects discusses oil markets and energy transition with OPEC’s Secretary General elect, Haitham Al-Ghais
We are excited to present His Excellency Haitham Al-Ghais's first detailed interview since his election as OPEC's next Secretary General in January 2022.
His Excellency Al-Ghais, is a veteran of the Kuwait Petroleum Corporation and brings over three decades of global oil and gas industry experience. He has held several positions in key OPEC and OPEC+ bodies and committees, including as Kuwait’s OPEC governor from 2017 to 2021 and the inaugural chairman of the OPEC+ Joint Technical Committee in 2017.
As he gets ready to take office in August 2022, Energy Aspects Director of Research Amrita Sen and Head of Geopolitics Richard Bronze ask His Excellency Al-Ghais about his new responsibilities and his objectives, including the future of OPEC+ beyond the end of this year.
They dive deeper into the challenges that OPEC and OPEC+ will have to navigate, including the impact of the energy transition on markets, relations with oil consumers and maintaining consensus among producers.
The discussion covers key questions around energy markets and the future of oil, including:
- Keeping the market balanced amid continued underinvestment in supply.
- The drive to meet growing Asian demand and impact of rising oil prices.
- Expected hurdles as international markets come out of the pandemic.
- The role OPEC+ should play in the global energy transition.
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From the podcast
OPEC+ is a united and solid group that have taken upon themselves and their shoulders a mission to maintain market stability and market balance.
I believe that if the market requires us to stay in the current state of this agreement or modify the agreement in the future, we will stand together as we've been together since 2017.
His Excellency Haitham Al-Ghais
OPEC Secretary General-elect
Our analysts
Amrita Sen
Director of Research, Energy Aspects
Richard Bronze
Head of Geopolitics, Energy Aspects
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