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Nairametrics

This Is The Official Role Of An OPEC President

Nairametrics by Nairametrics
December 7, 2014
in Uncategorized
This Is The Official Role Of An OPEC President
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OPEC on November 27th 2014 elected HE Mrs. Diezani Alison-Madueke CON, Minister of Petroleum Resources of Nigeria and Head of its Delegation, as President of the Conference for one year, with effect from 1st January 2015, and HE Dr. Mohammed Bin Saleh Al Sada, Minister of Energy and Industry of Qatar and Head of its Delegation, as Alternate President, for the same period.

What exactly is the job of an OPEC President? Here is how it is described in website of OPEC.

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The Conference President is elected by the Conference and serves for a period of one year. He presides over the Meetings of the Conference in the course of his Presidency.

Also elected by The Conference is the Alternate President who exercises the responsibilities of the President during his absence, or when he is unable to carry out his responsibilities. The position of Alternate President was introduced in 1978 at the 51st Meeting of the Conference.

In its half-century of existence, the Organization has had 65 Conference Presidents and Alternate Presidents who, together, have presided over more than 155 Meetings.

What about the job of the OPEC Secretary General? Here is how that too is described.

The Secretary General is the legally authorized representative of the Organization and Chief Executive of the Secretariat. In this capacity, he administers the affairs of the Organization in accordance with the directions of the Board of Governors.

The Conference appoints the Secretary General for a period of three years, which may be renewed once for the same period. This appointment takes place upon nomination by Member Countries.

The Secretary General is assisted in the discharge of his duties by a team of officers and staff including two Directors responsible for the Research Division and Support Services Division, six Heads of Department, the General Legal Counsel, Head of the Office of the Secretary General and the Internal Auditor who independently ascertains whether the ongoing processes for controlling financial and administrative operations at the Secretariat are adequately designed and functioning in an effective manner.

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