Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Environment
    • Community Development
    • Renewable Energy
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Iran appoints new oil minister

    Iran appoints new oil minister

    August 3, 2011
    Share
    Facebook Twitter LinkedIn WhatsApp

    Iran’s parliament approved President Mahmoud Ahmadinejad’s candidate as Oil Minister on Wednesday, putting a military commander who is under international sanctions in charge of production in the world’s fifth biggest crude exporter.

    A huge majority – 216 of the 246 lawmakers present – voted in favour of Rostam Qasemi, a Revolutionary Guards commander, a rare victory for Ahmadinejad who has been severely criticised by parliament in recent months, reported Reuters.

    Qasemi takes control of the Oil Ministry as Iran holds the rotating presidency of OPEC where it has strongly resisted calls by more Western-friendly producers to increase output quotas.

    His most important task will be to stem declining output from Iran’s mature oil fields and develop vast gas resources where sanctions have restricted foreign investment.

    As head of Khatam al-Anbia, the Guards’ engineering and construction company – a position he now relinquishes – Qasemi drew the attention of Western countries that believe the Revolutionary Guards and affiliates are involved in efforts to develop nuclear weapons.

    Tehran denies having any such goal.
    The EU put him on a sanctions list in July 2010, meaning he is not allowed to travel or hold assets in the EU. That echoed a similar US measure five months earlier.

    In parliament, speaker Ali Larijani said a strong show of support for Qasemi would send a signal to Iran’s foreign enemies: “so (they) do not think that when they impose sanctions parliament will pay any attention”.
    “If he were an unsuccessful person then his name wouldn’t be on the sanctions list,” Larijani said.

    Related News

    Ijaw women threaten Nigeria’s oil output, shut nine flow stations

    Schlumberger backs Nigeria’s energy reforms 

    Nigeria’s petrol import bill falls 96% to ₦87.4bn

    E-book
    Resilience Exhibition

    Latest News

    NERC unveils net billing scheme for solar power producers

    June 9, 2026

    Ijaw women threaten Nigeria’s oil output, shut nine flow stations

    June 9, 2026

    Obi demands answers as Nigeria’s debt nears N200 trillion

    June 9, 2026

    Schlumberger backs Nigeria’s energy reforms 

    June 9, 2026

    Nigeria’s $1trn economy needs investments, not government spending – Shettima

    June 9, 2026
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2026 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.