Petroleum Africa
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Thursday, June 29, 2023
On June 27, the Organization of Petroleum Exporting Countries (OPEC) issued a statement denying recent reports about Guyana being invited to become a Member of OPEC. “While the Organization recognizes that Guyana is an emerging player in the international oil market with significant potential, OPEC has not invited Guyana to become a Member of the Organization,” the statement read.
While Guyana has not been invited to join OPEC, Vickram Bharrat, Guyana’s Minister of Natural Resources, has been invited to participate in the 8th International OPEC Seminar scheduled for 5-6 July in Vienna. This is not unusual as OPEC regularly invites non-OPEC producing countries, as well as representatives of consuming countries, intergovernmental organizations, oil and energy companies, academics and other industry experts to various meetings and events.
The upcoming OPEC International Seminar is being held under the theme Towards a sustainable and inclusive energy transition.
“OPEC will continue to reach out to other producers, as well as consumers, to build further bridges for dialogue and cooperation, in the interests of overall oil market stability,” the statement added.
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