Republic of Congo to assume OPEC rotating presidency in 2022

The Republic of the Congo will succeed Angola as OPEC’s rotating presidency in 2022.

OPEC is an intergovernmental organization of 13 nations. Over the past decades, the organization has been seeking stability in the market and enhancing its dialogue and cooperation with consumers and non-OPEC producers.

The Republic of the Congo is the third largest oil producer in sub-Saharan Africa after Nigeria and Angola, with an estimated production of 336,000 barrels of crude oil per day.

Follow our socials Whatsapp, Facebook, Instagram, Twitter, and Google News.

MORE FROM AFRIUPDATE

The Untold Struggles and Triumphs of African Students Pursuing One-Year Master’s Degrees in the UK

September 10, 2024

Bridging Worlds – A Tale Of Two Worlds

July 30, 2024

DR Congo Conflict Fuels Forest Loss

July 17, 2024

WHO Raises Concern Over Rise In Road Traffic Deaths in Africa

July 17, 2024