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Opec faces deadlock over secretary-general

Posted on 28 May 2013

Saudi Arabia and Iran face off at Friday’s Opec meeting – not about oil prices and supply, but over the leadership of the cartel of oil producers.
The office of the Opec secretary-general is often seen as largely ceremonial, but its importance cannot be overstated with oil prices still hovering above $100 a barrel. Abdalla El-Badri, the secretary-general, has been forced already to extend his tenure because Riyadh and Tehran have failed to agree on a successor…………………………………..Full Article: Source


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