Ali Al-Naimi
From Wikipedia, the free encyclopedia
| Ali bin Ibrahim Al-Naimi | |
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Minister of Petroleum and Mineral Resources
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| In office 1995 – Present |
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| Preceded by | Unknown |
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President and CEO, Saudi Aramco
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| In office 1983 – 1995 |
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| Preceded by | N/A |
| Succeeded by | Abdullah Juma'h |
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| Born | 1938 Saudi Arabia |
| Nationality | Saudi |
| Religion | Sunni Muslim |
Ali bin Ibrahim Al-Naimi (b.1935) is the Saudi Arabian Minister of Petroleum and Mineral Resources[1]. Al-Naimi joined Saudi Aramco as a young man and was educated in the United States at Lehigh University under the company's educational program. He later earned his Master's Degree in Geology at Stanford University. After joining Aramco in 1947 and climbing the managerial ladder, in 1969 he became Supervisor in Abqaiq Production Department. He was then promoted to Assistant Director, then Director of Production in the Northern Province in 1972. He then became Vice-President of Production Affairs in 1975, then Vice-President of Petroleum Affairs in 1978. Al Naimi was elected Member of Board of Directors in 1980 and was promoted to the newly created position of Executive Vice-President of Oil and Gas Affairs in 1981 overseeing all of Saudi Aramco's core business. He was named President of Saudi Aramco in 1983 and was the first Saudi to hold that position. Later, after combining the presidency and chief executive position, he was named President and Chief Executive Officer. He became the Minister of Petroleum and Mineral Resources in 1995 and still holds that position.
Ali I. Al-Naimi is a very highly respected head of the oil services of the country due to his wide experience within the industry.
In 1995, as a result of his distinguished service at Aramco, Al-Naimi was appointed to the prestigious position of Saudi Minister of Petroleum and Mineral Resources. Al-Naimi was succeeded by Abdullah S. Jum'ah as a President and CEO of Aramco. Al-Naimi remains the Chairman of the company until today.
In 2008, Al-Naimi was named to TIME Magazine's list of the World's 100 Most Influential People.
[edit] Articles by Al-Naimi
World Energy Magazine - From Technology to Transparency: The Future of Saudi Oil
World Energy Magazine - The Growing Role of National Oil Companies in Saudi Arabia
World Energy Magazine - The Global Energy Market and U.S.-Saudi Petroleum Relations
[edit] Quotes
- "It would be incorrect to say that the history of U.S.-Saudi relations is only about oil. The relationship between our two countries is more complex and extensive than that and examples of cooperation in areas of mutual benefit are numerous. "
- "We believe that stability in world oil markets depends on having adequate spare production capacity for maintaining balance in the market. Saudi Arabia is committed to providing a major portion of the world's spare capacity."
- "I am quite optimistic about the future. Will there be challenges to overcome? My answer is yes. There are always challenges. Are we up to the task? Most certainly."
- "We work at it day in and day out, investing huge sums in the latest technologies, searching the world for the best talent, and then continuously training our workforce to meet the challenges of the new millennium."
