The Chairman of the steering committee that formulated Iraq’s first Integrated National Energy Strategy (INES) and head of the Prime Minister’s Advisory Commission (PMAC), Thamir Al-Ghadhban, explains in an interview in Baghdad with Ruba Husari, editor of Iraq Oil Forum, the formulation, the dynamics and the political risks impacting the strategy. Q: What is the Integrated National Energy Strategy and how did it come about? A: When we say a strategy…
Tag: refineries
Strategizing Energy
Iraq’s first long term energy strategy launched in Baghdad June 12, is national in its dimension and impact and integrated in its coverage of all aspects of energy production and usage. The Integrated National Energy Strategy (INES), made up of a set of national policy objectives for the country and backed by a plan for the required policy (investment) commitments, infrastructure developments and institutional reforms, has been adopted by the…
Refining for Politics
Iraq’s failure to attract investments for its four refineries offered to private investors after more than two years since their launch should invite a rethink of the investment model. Luckily this rethink has started and Iraq’s oil ministry is now on course to change the business model from a BOT (build-own-operate) to one that is based on a fixed fee per barrel. This is a welcome change for the potential…
Iraq’s Energy Strategy: A Mid & Long Term View
Thamir Al-Ghadban: Iraq’s Energy Strategy – A Mid & Long Term View Speech to “Iraq Petroleum 2010” conference – London Nov.29, 2010