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Chakib Khelil is new Opec chief

Posted: 07 January 2008
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Algerian Energy and Mines Minister Chakib Khelil took on Tuesday over the presidency of the Organization of the Petroleum Exporting Countries (Opec) for the year 2008, UAE state news agency reported.

He expressed his intention to focus his work on promoting dialogue between oil producing and consuming countries to ensure oil market stability, WAM said.

Khelil, who succeeded United Arab Emirates Energy Minister Mohammed bin Dhaen Al Hamli as Opec president, has committed in recent statements to deepen dialogue with oil consuming nations, with a view to both preserve Opec members’ revenues and secure energy supply to the world economies.

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