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Iraq names its candidate for top Opec post
Reuters/London
Iraq has nominated a candidate for Opec’s next secretary general, an Iraqi official said yesterday, competing with a candidate from top Opec producer Saudi Arabia.
Baghdad has nominated Thamer Ghadhban to succeed Abdullah al-Badri as secretary general of the Organisation of the Petroleum Exporting Countries, the Iraqi official said. Badri’s term ends at the end of 2012.
Ghadhban is the top energy adviser to Iraqi Prime Minister Nuri al-Maliki. He held the Iraqi government’s top oil post after the US-led
invasion.
Saudi Arabia in January nominated a candidate, its Opec governor Majid al-Moneef, to succeed Badri and Iran said it would probably put forward its own candidate.
The secretary general is the 12-member organisation’s lead representative on the world stage, helps formulate the group’s output policy and is in charge of Opec’s secretariat in Vienna.
Opec, which has struggled to agree on a candidate in the past, will debate the matter at its next meeting, in June. Badri’s appointment starting in 2007 ended a three-year impasse over the job.
The group may ask Badri to remain in the post for an unprecedented third term, Opec delegates said on Wednesday, should it fail to reach consensus on a successor.
Meanwhile, UK consultancy Oil Movements said in its latest weekly estimate that exports would reach 23.32mn bpd on average, up from 23.31mn bpd in the four weeks to yesterday.
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Reuters/London
Iraq has nominated a candidate for Opec’s next secretary general, an Iraqi official said yesterday, competing with a candidate from top Opec producer Saudi Arabia.
Baghdad has nominated Thamer Ghadhban to succeed Abdullah al-Badri as secretary general of the Organisation of the Petroleum Exporting Countries, the Iraqi official said. Badri’s term ends at the end of 2012.
Ghadhban is the top energy adviser to Iraqi Prime Minister Nuri al-Maliki. He held the Iraqi government’s top oil post after the US-led
invasion.
Saudi Arabia in January nominated a candidate, its Opec governor Majid al-Moneef, to succeed Badri and Iran said it would probably put forward its own candidate.
The secretary general is the 12-member organisation’s lead representative on the world stage, helps formulate the group’s output policy and is in charge of Opec’s secretariat in Vienna.
Opec, which has struggled to agree on a candidate in the past, will debate the matter at its next meeting, in June. Badri’s appointment starting in 2007 ended a three-year impasse over the job.
The group may ask Badri to remain in the post for an unprecedented third term, Opec delegates said on Wednesday, should it fail to reach consensus on a successor.
Meanwhile, UK consultancy Oil Movements said in its latest weekly estimate that exports would reach 23.32mn bpd on average, up from 23.31mn bpd in the four weeks to yesterday.
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