Iran elected as OPEC conference alternate president in 2024

Gabon and Iran were on Thursday elected as president and alternate president of the Conference of Ministers of the Organization of Petroleum Exporting Countries (OPEC) for 2024, respectively.

RoydadNaft –  Gabon and Iran were on Thursday elected as president and alternate president of the Conference of Ministers of the Organization of Petroleum Exporting Countries (OPEC) for 2024, respectively.

The two countries were appointed by alphabetical order at the 187th Meeting of OPEC Conference, which was held virtually.

According to the OPEC Statute, the alternate president shall preside over meetings whenever the president is absent.

Following the principle of alphabetical rotation, Libya and Nigeria were also elected as the OPEC Executive Board president and alternate president for 2024.

The representatives of Iran, Iraq, and Nigeria in the board have been already appointed and their appointment must be approved according to the OPEC Statute during its ministerial conference.

On Nov. 22, OPEC rescheduled a series of meetings.

OPEC said that the 187th Meeting of the OPEC Conference, the 51st Meeting of the Joint Ministerial Monitoring Committee (JMMC) and the 36th OPEC and Non-OPEC Ministerial Meeting have all been delayed until Nov. 30. The three meetings were originally planned for Nov. 25 and Nov. 26.

According to Amena Bakr, the chief OPEC correspondent, three online meetings have been scheduled; an OPEC meeting, followed by JMMC, and then the OPEC-plus meeting, during which the final decision is made.

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