Bakindo to Launch OPEC’s World Oil Outlook September 28

By Teddy Nwanunobi

The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), HE Mohammad Sanusi Barkindo, will, on Tuesday, September 28, present the major findings of the 2021 OPEC World Oil Outlook (WOO 2021), via a videoconference in Vienna, Austria.

Barkindo will also introduce a video with key messages from the publication’s 15th edition.

He expressed hope that the document would help further understanding of global oil and energy markets among all stakeholders.

“ …The publication provides insights into the upstream and downstream, supply and demand, investments, the potential impact of policies, and the environment and sustainable development”

“This year’s WOO 2021 has been put together under the restraints and restrictions caused by COVID-19. It is testament to the hard work of all those involved, and the value the organisation places on transparency and the enhancement of dialogue and cooperation. Teamwork and collaboration has never been more important, and we hope the flagship annual publication will help further understanding of global oil and energy markets among all stakeholders,” he hoped.

The WOO was first published in 2007, and provides an in-depth review and analysis of the global oil and energy industries, offering a thorough assessment of various sensitivities in the medium- and long-term development of the oil industry.

“The publication provides insights into the upstream and downstream, supply and demand, investments, the potential impact of policies, and the environment and sustainable development. It also provides expert analysis of many of the challenges and opportunities facing the global oil industry. This year’s edition captures a long-term horizon out to 2045.

“The WOO 2021 will, again, be accompanied by a smart app to give increased access to the WOO’s vital analysis and energy data, as well as a comprehensive interactive version. More details on these will be provided when the publication is launched,” OPEC said.

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