Kachikwu Replaces Alison Madueke As OPEC President

Posted by admin | 8 years ago | 2,509 times



Following his elevation as the Minister of State for Petroleum Resources, Ibe KAchikwu has replaced the immediate past petroleum Minister, Diezani Alison Madueke as the Conference President of the ORganisation of the Organisation of Petroleum Exporting Countries, OPEC.

In November 2014, Alison Madueke was named the first female president of OPEC,when she was elected at the 166th ordinary meeting of the organization.
While disclosing his plans for OPEC, Kachikwu promised to do his best to delay Iran’s intended oversupply of crude oil, in a bid to control pricing.

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