Luaibi’s time to lead
Abdul Karim Luaibi began his career as a deputy engineer for the South Oil Company, and now takes the helm of the Oil Ministry.
Then-Deputy Oil Minister Abdul Karim Luaibi after initialling the Majnoon oil field contract with officials from Shell and Petronas. (BEN LANDO/Iraq Oil Report)
The deputy oil minister has avoided the spotlight, yet he stands more than six feet tall and has managed Iraq’s upstream development, including the auction of 11 oil and 3 gas deals to foreign oil companies.
Now, Abdul Karim Luaibi, picked by Prime Minister Nouri al-Maliki to be the next Iraqi minister of oil, will shepherd those projects into fruition. He will oversee tens of billions of dollars in foreign money, technology and workers, in a massive effort to increase Iraqi oil production capacity more than six-fold.
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