Veteran Ghadhban appointed new oil minister Iraq hoping to boost oil capacity to 8 million b/d by 2025 IEA upbeat on progress of gas capture plans Baghdad — Iraq’s appointment of two policy veterans as its new oil and electricity ministers could herald an era of urgent oil capacity growth, as OPEC’s number two producer pumps at record highs, targets higher exports, plans to restart the national oil company and pushes long-delayed efforts to capture more gas. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Prime Minister-designate Adel Abdul-Mahdi named part of his new cabinet late Wednesday, confirming Thamir Ghadhban as Iraq’s new oil minister and deputy prime minister for energy affairs, and Luay al-Khateeb as the new electricity minister. In a political system that rewards political allies and apportions ministerial posts based on sectarian identities, Ghadhban’s nomination is a relative anomaly. At 73-years-old, […]