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Saudis to Name New OPEC Team

Saudis to Name New OPEC Team
Saudis to Name New OPEC Team

Saudi Arabia is likely to appoint a new Organization of Petroleum Exporting Countries governor and national representative, a source familiar with the matter said. Adeeb Al Aama is expected to replace Mohammed Al Madi as OPEC governor, while Ayad Al Qahtani is poised to become the new national representative replacing Nasser Al Dossari, Reuters reported. However, the Saudi government is yet to make an official statement in this regard. Aama works as deputy managing director at Saudi Aramco’s office in London, according to his Linkedin profile, while Qahtani heads Aramco’s global economic and energy outlooks and scenarios. Madi, a Mandarin speaker, used to run Aramco offices in China and South Korea before being appointed governor in 2013. The US-educated Dossari has been an economic adviser to the oil minister since 2011. According to experts, the change will not impact Saudi oil policy at OPEC.

 

Financialtribune.com