Baghdad — Iraq’s appointment of two policy veterans as its new oil and electricity ministers could herald an era of urgent oil capacity growth, as OPEC’s number two producer pumps at record highs, targets higher exports, plans to restart the national oil company and pushes long-delayed efforts to capture more gas.
Prime Minister-designate Adel Abdul-Mahdi named part of his new cabinet late Wednesday, confirming Thamir Ghadhban as Iraq’s new oil minister and deputy prime minister for energy affairs, and Luay al-Khateeb as the new electricity minister.
In a political system that rewards political allies and apportions ministerial posts based on sectarian identities, Ghadhban’s nomination is a relative anomaly.
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