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| Arabia |
| Islamist Saudi Aramco board reshuffled. Richest men in the world never listed on Forbes |
| 2015-05-02 |
The Kingdom has approved the restructuring of Saudi Aramco, a move that will see it separated from the Petroleum Ministry. The Kingdom's Supreme Economic Council approved the restructuring plan that had been proposed by Deputy Crown Prince Mohammed bin Salman, second deputy prime minister and minister of defense. The king also appointed Khaled Al-Falih as chairman of Saudi Aramco and health minister. Amin Al-Nasser, Saudi Aramco senior vice-president, has been named acting president and CEO of the oil giant to succeed Al-Falih. Al-Nasser joined Saudi Aramco in 1982 with a degree in petroleum engineering and has been senior vice-president for upstream operations at Saudi Aramco since 2008. Other members of the new Aramco council include Petroleum and Mineral Resources Minister Ali Al-Naimi, Finance Minister Ibrahim Al-Assaf, Economy Minister Adel Fakeih, Water and Electricity Minister Abdullah Al-Husayen and Aramco's Al-Falih, according to a copy of a royal decree seen by Reuters. Saudi Aramco is a world leader in crude exports. It is involved in hydrocarbons exploration, production, refining, distribution, shipping and marketing. According to the company's website, Aramco has stewardship of natural gas reserves of 288.4 trillion standard cubic feet (scf) and as of 2014 operates 212 oil rigs. They've been running this gig for decades. You never see them in Forbes on the rich list but they are the richest people in the world. All that money goes in one way or another to spread and entrench our favourite religion (plus a few sex slaves, high class prostitutes, palaces, private islands and gold limos). They are sympathisers. They let the Islamofascists grow and metastasize like koranic cancer in their desert kingdom. I hope the NSA stops persecuting Snowden and starts chasing these guys instead. Ram the Christmas tree they've been looking to sit on up their collective behinds. I've even bolded the names so you can make your Christmas list and raid the swiss banks Saudi Aramco's board of directors recently held its annual spring meeting in Seoul, South Korea. An Aramco statement said the meeting's "varied and rich agenda" also included a briefing from Ali Al-Naimi, minister of petroleum and mineral resources, on the recent dissolution of the Supreme Council for Petroleum and Mineral Affairs and the creation of the Supreme Council of the Saudi Aramco. As provided for in the company's Articles of Incorporation, the council was constituted with 10 members, including five members of the board. The council is chaired by Prince Mohammed bin Salman. On the organizational side, the board made six vice-president appointments including Abdulaziz A. Al-Abdulkarim, Ibraheem M. Assa'adan, Nabeel A. Al-Jama', Nabeel A. Al-Mansour, Nasser A. Al-Nafisee, and Muhammad M. Al Saggaf. Additionally, general management appointments included Salah M. Al-Hareky, Fuad A. Al-Hazmi, and John Stuart Lilly. |
| Posted by:anon1 |