CURRENT AFFAIRS

Detailed explanation-1: -Hon’ble Minister Shri Dharmendra Pardhan Co-chaired the 4th High-level meeting of the India-OPEC Energy Dialogue, along with Secretary General H.E.

Detailed explanation-2: -His Excellency Mr. Haitham Al Ghais of the State of Kuwait began his tenure as Secretary General of OPEC on 1 August 2022. With 30 years of experience in the global oil and gas markets, HE Mr. Al Ghais managed international and regional teams worldwide: in Kuwait, Beijing and London.

Detailed explanation-3: -HE Haitham Al Ghais is the current Secretary General of OPEC.

Detailed explanation-4: -Saudi Arabia, which controls about one-third of OPEC’s total oil reserves, plays a leading role in the organization. Other important members are Iran, Iraq, Kuwait, and the United Arab Emirates, whose combined reserves are significantly greater than those of Saudi Arabia.

Detailed explanation-5: -The OPEC Secretariat is the executive organ of the Organization of the Petroleum Exporting Countries (OPEC). Located in Vienna, it also functions as the Headquarters of the Organization, in accordance with the provisions of the OPEC Statute.