Al-Naimi hon­ored at key Qatar event

Arab News - - BUSINESS & ECONOMY - ARAB NEWS

DOHA: Ali Al-Naimi, Saudi Ara­bia’s for­mer min­is­ter of pe­tro­leum and min­eral re­sources, was be­stowed The 2016 Honorary Life­time Achieve­ment Award for the Ad­vance­ment of In­ter­na­tional En­ergy Pol­icy and Diplo­macy from the Ab­dul­lah bin Ha­mad Al- At­tiyah In­ter­na­tional Foun­da­tion for En­ergy and Sus­tain­able De­vel­op­ment.

The Al- At­tiyah Foun­da­tion board of trustees be­stows one honorary award each year to an out­stand­ing global en­ergy in­dus­try leader and the 2016 ac­co­lade was pre­sented to Al-Naimi at a gala din­ner at the Mu­seum of Is­lamic Art, Doha. The re­main­ing six Al-At­tiyah Awards for Life­time Achieve­ment are re­viewed and scored each year by an in­ter­na­tional se­lec­tion com­mit­tee.

“I am sure history will rec­og­nize Al-Naimi as one of the great­est en­ergy lead­ers of the last 100 years,” said Ab­dul­lah bin Ha­mad Al-At­tiyah, who pre­sented the for­mer Saudi oil min­is­ter with the award at a gala din­ner event at the Mu­seum of Is­lamic Art, Doha.

“His long ca­reer saw him lit­er­ally rise from the shop floor to be­come the world’s most pow­er­ful oil ex­ec­u­tive for 30 years.”

Al-Naimi’s jour­ney to be­come the most in­flu­en­tial man in the global oil mar­kets be­gan 70 years ago, when he joined as an of­fice boy at Saudi Aramco, rising to be­come its first Saudi Pres­i­dent. He climbed up the ranks and be­came the min­is­ter of pe­tro­leum and min­eral re­sources in 1995, putting him at the helm of the world’s largest crude ex­port­ing or­ga­ni­za­tion.

As a key oil ex­port­ing state, the in­flu­ence of Saudi Ara­bia and Al-Naimi stretched far beyond the coun­try’s bor­ders and he was reg­u­larly called upon to calm oil mar­kets through tur­bu­lent po­lit­i­cal and eco­nomic wa­ters in the Mid­dle East and beyond.

Christophe de Marg­erie, late CEO of To­tal, was the 2015 ben­e­fi­ciary of this honorary award for the Ad­vance­ment of In­ter­na­tional En­ergy Pol­icy and Diplo­macy, which is the only cat­e­gory to be se­lected each year by the Foun­da­tion’s board of trustees.

The Ab­dul­lah bin Ha­mad Al-At­tiyah In­ter­na­tional En­ergy Award is the fore­most honor to rec­og­nize in­di­vid­u­als for their life­time achieve­ment in the ad­vance­ment of the global en­ergy in­dus­try.

There are six award cat­e­gories of recog­ni­tion each year — Qatar En­ergy In­dus­try; OPEC; re­new­able en­ergy; pro­ducer-con­sumer di­a­logue; ed­u­ca­tion; and jour­nal­ism – with the nom­i­nees re­viewed by an In­ter­na­tional Se­lec­tion Com­mit­tee.

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