OPEC Secretary General Haitham al-Ghais
OPEC stresses need for all-energies approach
Secretary general says oil can help solve trilemma and is upbeat on ‘flexible’ OPEC role to help manage crude supply longer term
The world needs more energy of all kinds to solve the issues of security, affordability and sustainability, and we must be mindful of ideological outlooks that ignore on-the-ground realities, according to OPEC. Secretary General Haitham al-Ghais also told Petroleum Economist in an interview that oil will be around for the long term—meaning we need an inclusive approach—and that OPEC+’s best days are ahead of it in terms of helping manage the world’s evolving oil needs. Do you believe the chasm between OPEC and the IEA on the outlook for oil demand is ideological on the IEA’s part or a misreading of the fundamentals—especially around population growth, urbanisation and EV/renewables growth?
Also in this section
20 March 2026
Attacks on key oil and LNG assets across the Gulf mean a prolonged supply disruption, with damage to Qatar’s export capacity undermining confidence in the global gas system
20 March 2026
The US may be systemically stripping Russia of key geopolitical allies, but Moscow can reap rewards from the Hormuz crisis, both in the short and long term
20 March 2026
Disruptions to Qatari LNG exports have highlighted the risks of concentrated supply, potentially strengthening the long-term position of US exporters despite limited near-term flexibility
20 March 2026
The extent of the US-Israel war with Iran means there will be no going back to the previous market equilibrium no matter how the conflict ends
