Iran's New Oil Minister: Rostam Qasemi

By Admin
Iran currently holds the rotating presidency of the OPEC oil cartel. As the second largest oil producing nation in OPEC, Irans controversial political...

 

Iran currently holds the rotating presidency of the OPEC oil cartel.  As the second largest oil producing nation in OPEC, Iran’s controversial political position on the world stage is balanced by its economic power in the oil and gas sector.  Now, Iran’s parliament has ratified its new Oil Minister: Rostam Qasemi.

The parliamentary vote in favor of Qasemi was overwhelming, with 216 of 246 deputies voting in favor of his appointment to the post.  He is, after all, President Mahmoud Ahmadinejad’s hand-picked nominee. 

Qasemi is a Brigadier General in the Iran Revolutionary Guards Corps, the countries prevailing military establishment.  Qasemi commands the industrial division of the elite Guards, Khatam al-Anbiya, which is also known for its involvement in Iranian oil projects. 

 

SEE OTHER TOP STORIES IN THE WDM CONTENT NETWORK

CFA Fights Against Anti-Fuel Standards Automakers

Oil Ministry Set on Fire in Oslo Bombing

Read the latest issue of Energy Digital!

Qasemi’s main goals in fulfilling the position are to enhance Iran’s position as the world’s second largest gas producer and the region’s number one refiner.  He plans to expand cooperative efforts with neighboring Iraq for joint development of shared oil and gas fields.

However, Western countries may be less enthusiastic about Qasemi’s appointment to the post of Oil Minister.  He is currently declared “persona non-grata” by the U.S. and E.U. due to his involvement in Iran’s controversial nuclear program.

Initially, President Ahmadinejad planned to take control of the Oil Ministry and eventually merge it with the Energy Ministry after dismissing Oil Minister Massoud Mirkazemi in May.  However, opposition in parliament rejected the proposal.

Share
Share

Featured Articles

UK Government awards £54mn in heat network funding

Funding will support the development of schemes in London, Bedfordshire and Woking that use low-carbon heat sources

Shell posts $11.5bn second quarter profit

Shell's earnings fuelled by ongoing price rises and geopolitical instability as the energy major places greater focus on natural gas investments

bp opens first electric truck fast-charging facilities

Operated by bp’s Aral brand, the retail site at Schwegenheim in Rheinland-Pfalz has two 300kw chargers intended for electric trucks

Shell commits to developing Jackdaw gas field in North Sea

Oil & Gas

Prospex Energy raises £1.87m for Selva gas field development

Oil & Gas

Shanghai Electric Group launches low carbon business

Utilities