Financial Times FT.com

Minister sacked as Iran shakes up oil industry

By Najmeh Bozorgmehr in Tehran

Published: October 14 2008 17:32 | Last updated: October 14 2008 17:32

Iran’s veteran official in charge of oil refining and imports was dismissed on Tuesday, the latest in a series of senior officials who have been removed from their posts in the country’s vital oil industry.

No reason was given for the removal of Mohammad-Reza Nematzadeh, deputy oil minister in charge of the National Iranian Oil Refining and Distribution Company, but analysts see change as part of an attempt by President Mahmoud Ahmadi-Nejad to consolidate his influence over the hugely important sector.

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