Effective from January 1, 2014, Nigeria's Minister of Petroleum Resources, and Head of Delegation, Mrs Diezani Alison-Madueke, becomes the Alternate President for the Organisation of the Petroleum Exporting Countries, OPEC, for the next one year.
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Her appointment follows the election of Libya's Minister of Oil and Gas, Dr Abdel Bari Ali Al Arousi, as President of the Conference of OPEC for the same period of time.
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The conference, during its last meeting for the year in Vienna, Austria, last week, reviewed the oil market outlook, as presented by the Secretary General. Of particular focus were supply demand projections for 2014 as well the global economic outlook.
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The conference also noted the high sovereign debt in the Euro-zone; high unemployment in the advanced economies, especially the Euro-zone; and slow growth, coupled with inflation risk, in the emerging economies.
Congratulations is all i can say. Let the association remain effective
Good one for the woman. She must've deserved it to be handed the position. Big ups to her