Egypt’s oil ministry on 20 May named Tarek al-Barkatawi as the new head of state oil behemoth EGPC, replacing Sharif Haddara who earlier this month was promoted to become oil minister, taking the place of the highly regarded Usama Kamal.
The appointments mark the emergence of a new generation of leaders for the country’s struggling oil sector. Both Mr Haddara and Mr Barkatawi are untainted by association with the former regime: Mubarak-era oil minister Sameh Fahmy was jailed for 15 years over alleged wrongdoing, though he was released in late March pending a retrial. (CONTINUED - 680 WORDS)
