News Digest (www.upstreamonline.com)
Iraq has appointed Bassim Mohammed Khudair, a seasoned oil sector manager with extensive field experience, as the country's new Minister of Oil. His appointment was approved by Iraq's parliament on Thursday, following his nomination by recently appointed Prime Minister Ali al-Zaidi. Khudair succeeds outgoing minister Hayan Abdul Ghani, who had held the position since October 2022. He was among 14 new ministers approved by parliament after al-Zaidi's appointment as prime minister last month.
Khudair assumes leadership of the ministry during a critical period, as Iraq navigates the ongoing Middle East crisis. The bulk of Iraq's oil exports are currently cut off from global markets due to the effective closure of the Strait of Hormuz. The Ministry of Oil described Khudair as an "oil expert engineer" in a social network statement, emphasizing that his appointment reflects a commitment to enhancing leadership efficiency in the oil sector.
Khudair is a native of Basra Governorate, a key oil-producing region in Iraq. He was appointed as deputy oil minister responsible for oil extraction in 2023, prior to which he served as general director of the Oil Exploration Company and executive director of the Iraqi Drilling Company. Iraq maintains four deputy oil minister positions, overseeing oil extraction, refining, natural gas, and distribution.
During his three-year tenure in the oil ministry, Khudair has been prominently involved in key projects and issues, frequently delivering comments to the media. These include negotiations with Turkey to restart oil pipeline exports from Iraqi Kurdistan, development projects such as TotalEnergies' Ratawi Gas Growth Integrated Project, and addressing recent disruptions to the country's oil exports. The ongoing war between the US, Israel, and Iran has disrupted shipping via the Strait of Hormuz since early March, with approximately 20 million barrels of oil passing through the waterway daily—over 3 million of which originate from Iraq.
15 May 2026
This material is an AI-assisted summary based on publicly available sources and may contain inaccuracies. For the original and full details, please refer to the source link. Based on materials by Vladimir Afanasiev. All rights to the original text and images remain with their respective rights holders.