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Former oil ministers from OPEC nations Iraq, Algeria, Libya and Nigeria have established a group to offer advice on energy policy and business strategy.

Issam Chalabi (pictured), Shokri Ghanem, Chakib Khelil and Rilwanu Lukman, former oil ministers of Iraq, Libya, Algeria and Nigeria respectively, set up the alliance following a meeting in Vienna in February.

Their aim is to address energy issues including governments, oil companies, financial institutions, energy agencies, services companies, construction, engineering and manufacturing.

  • Chalabi was Iraq oil minister between 1987 and 1990 and the former head of the Iraqi National Oil Company (INOC).
  • Ghanem was the Libyan oil head until he defected from Libya last year following the uprising against former president Gaddafi.
  • Khelil was removed from his post as Algerian oil minister last year after spending almost 11 years in the position, and has served as president of the Organization of Petroleum Exporting Countries (OPEC).
  • Lukman was the Nigerian oil minister twice for the periods 1986 to 1990 and 2008 to 2010, and has served as president of the Organization of Petroleum Exporting Countries (OPEC).

(Sources: Wall Street Journal, Business Day Online)

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