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Iran to compete with Saudi Arabia for OPEC secretary general post

Iran Materials 4 February 2012 15:58 (UTC +04:00)

Azerbaijan, Baku, Feb. 4 / Trend F.Milad/

Iran plans to introduce its nominee for the position of the Organization of the Petroleum Exporting Countries' secretary general as Saudi Arabia has nominated Majid Al-Moneef, Saudi's governor at OPEC, for the post.

The current OPEC secretary general, Abdullah al-Badri of Libya, completes his second and final three-year term at the end of 2012. OPEC will seek to select a replacement, to start in 2013, at its next meeting in June, Reuters reported.

"There has been no official letter from OPEC requesting us to nominate someone, but I'm sure when the time comes the minister will select someone," Iran's OPEC governor Mohammad-Ali Khatibi said.

"The secretary-general role is a very sensitive one, and last time it took a long time to decide. It will be hard to say what will happen this time," he added.

OPEC at its last meeting in December agreed a target of 30 million barrels per day, based on a proposal by the secretariat.

This settled a six-month-old argument within OPEC after Iran, Venezuela and African countries opposed a Saudi-led proposal to boost output at OPEC's June 2011 meeting to make up for a shortfall in Libyan supply.

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