After more than 10 years of being the Organisation of the Petroleum Exporting Countries (OPEC) national representative and a member of the Gulf Arab oil producer’s OPEC, Mohammad al-Shatti has been appointed as the new OPEC governor, replacing Haitham al-Ghais. The OPEC national representative role will be filled by Sheikh Abdullah al-Sabah.
According to Reuters, al-Ghais has been appointed as deputy managing director of international marketing at state-owned Kuwait Petroleum Corporation (KPC). Al-ghais was previously in charge of KPC’s regional offices in Beijing and London before becoming OPEC governor in 2017.
Kuwait, currently the organisation’s fifth-largest member by crude output, pumped 2.36 million b/d of crude oil in May, in line with its quota, according to the latest S&P Global Platts survey of OPEC production. It is also a member of the OPEC and non-OPEC Joint Ministerial Monitoring Committee (JMMC), established to monitor compliance with the global pact to manage oil supply.
