OPEC’s anniversary meeeting postponed

OPEC’s anniversary meeeting postponed

The celebrations of OPEC’s 60th anniversary, which were originally scheduled this month in Baghdad where the Organization was founded, have been postponed.

Iraq’s Oil Minister and Head of its Delegation to OPEC Ihsan Abdul Jabbar Ismaael said in a letter to OPEC Secretary General Mohammad Sanusi Barkindo that it is "genuinely disappointing not to be able to host the 60th Anniversary" following months of preparations for the historic event.

The OPEC Secretary General expressed his sincere gratitude for Iraq’s gracious initiative to host OPEC’s Diamond Anniversary in the Al-Shaab Hall in Bab Al-Muaadham, Baghdad, the site of OPEC’s founding in 1960. "Yet we look forward with high anticipation to attend OPEC’s homecoming in the very near future," he added.

OPEC was established on September 14, 1960 in Baghdad by its Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. Its membership has grown since then to 13 oil producing countries.

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