| Created | 2010-02-09 07:50:17 | ||||
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| Name (last, first) | Bahr Alolom , Ibrahim | ||||
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| Title | Former Minister of Oil | ||||
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| Country | Iraq | ||||
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| Professional History | Dr. Ibrahim Bahr Alolom served as Iraqi Minister of Oil from 2003 to June 2004, later elected as Member of the Parliament in February 2005 and re-elected from May to December 2005. He holds a Ph.D in Petroleum Engineering from New Mexico Tech University in the United States, with diversified experience in petroleum, engineering and oil, gas fields evaluation and development, and later worked as a professional petroleum engineer in Kuwait, US and UK. Dr Alolom has also published many professional reservoir engineering papers. In a statement he pointed out the need for increasing oil production with Iraq’s vast oil and gas reserves, the need for enacting laws "to structure the management of the oil sector," and the importance of the return of the national oil company, "the important arm of Iraq's oil industry." For Dr. Ibrahim Bahr Alolom, the centralization on which the oil sector is based prevents the sector's progress, “reason why we are looking for an objective vision that can advance the oil sector. He added the national oil company can be formed without waiting for the enactment of the oil bill, and that the oil and gas bill, meantime,can constitute a vision and a legal framework to administer oil operations. Calling for the formation of an oil council that participates in approving oil policies and the standards for the eligibility of and negotiations with foreign oil companies, he stressed that serious and important steps need to be made to advance the oil sector. “The next two years will be decisive, and also critical for both the Iraqi economy and the Iraqi people," he further said |
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