The reappointment of Alexander Novak to the office of the Russian Energy Minister is particularly an acknowledgment of his role in structuring the OPEC and non-OPEC oil production capping agreement, Secretary General of the Organization of Petroleum Exporting Countries (OPEC) Mohammed Barkindo told TASS on Friday.
"The reappointment of Mr. Alexander Novak as Russian Energy Minister by President Vladimir Putin is an acknowledgment of his sterling qualities and exemplary leadership he continued to display in the OPEC and Non-OPEC strategic partnership," Barkindo said in the comment for TASS.
Novak has earned the respect and admiration in the global oil industry, Barkindo said. "He remains that strong, reliable and dependable bridge between OPEC and Non-OPEC participating countries in the Declaration of Cooperation," the OPEC Secretary General added.
Prime Minister Dmitry Medvedev suggested reappointing Novak as the Russian Energy Minister earlier today at the meeting with President Vladimir Putin.