Dr Aflah Al Hadhrami appointed CEO of Integrated Gas Company

Integrated Gas Company Appoints Dr Aflah Al Hadhrami as New CEO

Muscat: The Board of Directors of the Integrated Gas Company, affiliated with the Ministry of Finance, announced the appointment of Dr. Aflah bin Saeed Al-Hadrami as CEO of the company.

The company was established pursuant to a decision of the Ministry of Finance in December 2022 AD, and its articles of association and financial regulations were approved in accordance with the provisions of the Commercial Companies Law No. 18/2019 and its amendments, and the Privatization Law issued by Royal Decree No. 51/2019, and in accordance with the provisions of the Memorandum of Association and Articles of Association.

The Integrated Gas Company, owned by the Ministry of Finance, is responsible for managing all allocations, assets, rights and obligations related to the purchase, sale, import, export and transport of natural gas and related products on behalf of the government in accordance with the licensing agreement granted to them.

The establishment of the Integrated Gas Company came to enhance the efficiency of gas sector management and improving the financial performance indicators of the Sultanate of Oman and working to exclude the expenses of purchasing and transporting gas from the state’s general budget and supplying gas sales revenues to the state’s general treasury, as well as to ensure the efficiency of implementing the terms of contracts signed in the gas sector, whether by producers or consumers, and working to implement government policies and plans regarding Gas selling prices and quantities allocated to sectors and selling gas to gas-based projects, with an increase in the volume of economic activity and the domestic value added to the gas sector and related activities.

Dr. Aflah Al Hadhrami has a extensive local, regional and international experience in executive leadership in the oil and gas sector, as he spent his professional career spanning more than 28 years in multiple companies in the executive, operational, technical and commercial fields. Before joining the company, he worked as CEO of Al Shawamikh Oil Services Company. Before that, he held leadership positions for British oil company British Petroleum (BP), Occidental Oil and Gas Corporation (OXY), Schlumberger Overseas (SLB), and Oman Oil Refinery. Dr. Aflah Al Hadhrami also serves as chairman and member of many boards of directors and committees in various sectors. In addition to the extensive administrative experience and strategic mentality that Dr. Aflah enjoys, he holds a doctorate in business administration from the University of Liverpool (United Kingdom), and holds a professional license from the institute. British Royal (MCIPS). In addition to his work in the field of oil and gas, he worked as an academic lecturer at the College of Economics and Political Science at Sultan Qaboos University.

As the Chairman and members of the Board of Directors of the Integrated Gas Company welcome Dr. Aflah Al Hadhrami as CEO of the company, the Board is counting on his extensive experience and leadership skills in achieving the company’s goals and aspirations during the coming period.

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