Hamid Bord has been appointed as the caretaker of the Ministry of Oil of the Islamic Republic of Iran. This appointment was made following the resignation of Mohsen Paknejad from the position of Minister of Oil, who was appointed to this position on August 31, 2024, with 222 votes in favor from the members of the Islamic Consultative Assembly.
Details of the appointment and Hamid Bord's background
Hamid Bord, born in 1964, is an experienced manager in the oil industry who was previously appointed as the Deputy Minister of Oil and CEO of the National Iranian Oil Company in September 2024. His appointment as caretaker of the Ministry of Oil was issued based on Article 135 of the Constitution, considering his commitment and qualifications. In the decree from the President, while emphasizing the importance of achieving the goals of the vision document and the general policies approved by the Supreme Leader, he has been asked to work effectively with the esteemed cabinet to resolve the country's problems.
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Professional background and challenges facing the Ministry of Oil
Hamid Bord has held positions such as CEO of Marun Oil and Gas Production Company, National Iranian South Oil Company, National Iranian Drilling Company, Iranian Oil Exploration Operations Company, and Iranian Offshore Oil Company. Given his extensive experience in various fields of the oil industry, it is expected that Bord will be able to overcome the challenges facing the Ministry of Oil and take steps towards the development and efficiency of the country's oil resources.
Mohsen Paknejad, as the Minister of Oil in the thirteenth government, resigned from this position after two years of activity, and the President accepted this resignation. During his tenure, significant efforts were made to develop oil fields and improve efficiency, but there were always challenges such as international sanctions and infrastructural problems that affected the development of the country's oil industry.
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