Minister of Oil and Gas Mohamed Aoun has joined an online meeting for the Ministerial Council of the Organization of Petroleum Exporting Countries (OPEC) via zoom.

The main topics on the organization's agenda were a proposal for the 2023 budget and an update to OPEC's long-term strategic plan.

In OPEC's 185th session, the ministers assigned a new president and an alternate president for the Ministerial Council, as well as the chairman of the board of governors.

Libya's governor in OPEC, Mustafa bin Issa was selected as the alternative chairman of the board of governors for this term, according to Libya's Ministry of Oil and Gas.

Economy