Saudis, Iran Vie for Key OPEC Research Job

Saudi Arabia and Iran have both put forward candidates to replace the departed head of research at the Organization of the Petroleum Exporting Countries, Middle Eastern oil officials said Friday, as competition for influence in the group heats up between the two arch-rivals.

The two Middle East nations already have nominees to replace Abdalla Salem el-Badri as secretary general--the most important position at OPEC.

But the Middle East officials say a permanent replacement is being sought after the departure of Hasan Qabazard, the former director of OPEC research division. He has been replaced on a temporary basis by Oswaldo Tapia, the latest OPEC monthly report shows.

The position is important because it entails overseeing the monthly report, which spells out the group's views on oil markets and supply requirements.

Muhammad Ali Khatibi, Iran's OPEC governor, said "we have a candidate for the head of research and the secretary general," adding it had proposed one different person for each job. A Gulf delegate said Saudi Arabia has also put forward a "technocrat" for the job.

The competition for the job comes as OPEC members are facing a raft of new challenges, from mounting budget pressures fuelling higher oil-price needs and competition from non-conventional oil production in the U.S.

Copyright (c) 2012 Dow Jones & Company, Inc.


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Senior Accountant
Expertise: Accounting
Location: Chantilly
United States Duncan: Field Materials Coordinator
Expertise: Materials Management |Supply Chain Management
Location: Duncan, OK
Billing Specialist | Full-Time | Houston, TX | Immediately
Expertise: Accounting|IT - SAP / ERP|Payroll
Location: Houston, TX
search for more jobs

Brent Crude Oil : $56.86/BBL 0.76%
Light Crude Oil : $50.66/BBL 0.21%
Natural Gas : $2.959/MMBtu 0.30%
Updated in last 24 hours