Veteran Iraqi Oil Minister sets up Energy Consultancy

Former oil ministers from OPEC nations Iraq, Algeria, Libya and Nigeria have established a group to offer advice on energy policy and business strategy.

Issam Chalabi (pictured), Shokri Ghanem, Chakib Khelil and Rilwanu Lukman, former oil ministers of Iraq, Libya, Algeria and Nigeria respectively, set up the alliance following a meeting in Vienna in February.

Their aim is to address energy issues including governments, oil companies, financial institutions, energy agencies, services companies, construction, engineering and manufacturing.

  • Chalabi was Iraq oil minister between 1987 and 1990 and the former head of the Iraqi National Oil Company (INOC).
  • Ghanem was the Libyan oil head until he defected from Libya last year following the uprising against former president Gaddafi.
  • Khelil was removed from his post as Algerian oil minister last year after spending almost 11 years in the position, and has served as president of the Organization of Petroleum Exporting Countries (OPEC).
  • Lukman was the Nigerian oil minister twice for the periods 1986 to 1990 and 2008 to 2010, and has served as president of the Organization of Petroleum Exporting Countries (OPEC).

(Sources: Wall Street Journal, Business Day Online)

2 Responses to Veteran Iraqi Oil Minister sets up Energy Consultancy

  1. Tarek Alwan March 18, 2012 at 11:01 pm #

    I just can’t believe that Ghanem who is wanted in Libya for his past positions at former Gaddafi regime, is free and can even set a new company.

    Libyan authorities must call on all nations to hand him back and if he was proven innocent then he can do whatever.

  2. ben dover March 20, 2012 at 4:32 pm #

    The reason he is getting away literally with murder is that he managed to amass a huge fortune which will enable him to evade justice through high payed Attorneys and the bribery of officials in the country he is residing in. However the blame lies squarely on Libyan officials through their incompetence and who seem , incoherent and lacking in terms of their pursuit of criminals such as Ghanem.