Business | Oil & Gas
Iran's OPEC governor to be replaced within days, ministry says
Iran's OPEC Governor Hossein Kazempour Ardebili is stepping down and will be replaced in coming days, an Iranian official said.
- Bloomberg
- Published: 13:16 May 14, 2008
Tehran: Iran's OPEC Governor Hossein Kazempour Ardebili is stepping down and will be replaced in coming days, an Iranian official said.
His replacement is "most probably" Mohammad Ali Khatibi Tabatabi, said a spokesman from Iran's Oil Ministry who declined to be identified by name.
"The official order for the replacement will be made in a day or two,'' he said in a telephone interview from Tehran today.
Iran pumped 3.98 million barrels a day last month, according to Bloomberg estimates, and is the second-largest producer in the Organization of Petroleum Exporting Countries, after Saudi Arabia.
Each OPEC state has a representative on the organization's board of governors.
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