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OPEC Secretary-General Mohammed Balkind dies

AbjaMohammad Balkind, secretary general of the oil producer group OPEC, has passed away. He is the boss of Nigeria. The National Petroleum Corp (NNPC) announced on Wednesday.

Barkindo, 63, was scheduled to resign at the end of this month after taking the top position at the Petroleum Exporting Countries Organization (OPEC) for six years.

"I lost the respected Dr. Muhammad Sanushi Balkind," NNPC CEO Mele Carri wrote on Twitter. He added that he died late Tuesday.

Carri added that death is "a great loss to his immediate family, NNPC, our country Nigeria, OPEC, and the global energy community."

OPEC's Vienna-based office confirmed his death on Wednesday,on Twitter, "His death is the entire OPEC family, the oil industry, and international. It's a serious loss to society. "

Carri said Balkind died hours after meeting Nigerian President Muhammadu Buhari and giving his main speech at the Abja Energy Summit.

Balkind said the oil and gas industry has been "siege" due to a long-standing lack of investment, and by allowing oil trade from Iran and Venezuela, the current tight supply of the market. Said that it can be dealt with.

Balkind's career in the oil industry began in the early 1980s withNigeria. He held various positions at NNPC and represented Nigeria on the OPEC Economic Committee.

After acting as OPEC Secretary-General in 2006, he returned to that position 10 years later, leading the organization towards greater cooperation with non-OPEC oil producers, and the turbulent oil market. I have led the organization throughout the period.

After leaving OPEC, Balkind was scheduled to join the Global Energy Center of the Atlantic Council, a US think tank, as a prominent fellow, the Council recently announced.