Iran oil minister names OPEC governor as his marketing adviser:
report
Tehran (Platts)--2Jul2012/850 am EDT/1250 GMT
Iranian Oil Minister Rostam Ghasemi Monday appointed OPEC Governor
Mohammad Ali Khatibi his adviser for hydrocarbon marketing, an unusual
move that came as Iran is grappling to cope with the impact on oil
exports of US sanctions and an EU import ban that came into effect on
Sunday.
"Given your commitment and valuable experience and expertise, you are
appointed...adviser to the minister for the purchase and sale of
hydrocarbons," Ghasemi said in a decree published on oil ministry news
service Shana.
According to the decree, Khatibi, will retain his position as OPEC
governor, a position he has held since May 2008.
Before his appointment to the key role in OPEC, Khatibi was deputy
director of the National Iranian Oil Company for marketing and served
for 15 years as part of a team of OPEC experts at the Tehran-based
Institute for International Energy Studies.
It was not immediately clear what impact Khatibi's additional role as
adviser would have on NIOC's operations, where oil transactions are
handled by the international affairs department headed by Mohsen
Qamsari.
There have been rumors in local media that the oil minister, said to be
at odds with President Mahmoud Ahmadinejad's policies and appointments,
is planning to make changes to senior positions within the oil ministry
and NIOC, including replacing managing director Ahmed Ghalehbani.
Ghalehbani has in recent weeks spoken candidly about the impact of
international sanctions on Iranian oil exports, which account for more
than half of total state revenues.
EU sanctions, which ban the import of Iranian crude oil by the 27
members of the European Union, came into effect fully on Sunday, July 1
but have already had an impact since they were agreed on January 23 as
refiners in Europe reduced their purchases in anticipation of the ban.
Ghalehbani said Sunday that European sales, accounting for 20-30% of
total Iranian exports, had been halted. Speaking in Moscow last week, he
put Iranian oil exports in the last Iranian year, which ended on March
20, at 2.28 million b/d. He gave no current figures or comparisons with
the previous year.
The International Energy Agency estimated on June 13 that oil importing
countries had bought nearly 1 million b/d less crude from Iran in April
and May than in late 2011 as a result of the tightening sanctions.
--For a major news feature on how US and EU sanctions against Iran are
changing the global oil supply landscape please go to
http://plts.co/iran2012
--Aresu Eqbali, newsdesk@platts.com
--Kate Dourian,
kate_dourian@plats.com
--Edited by Maurice Geller,
maurice_geller@platts.com
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