Speaker: Mr. Hossein Ebneyousef
Language: Farsi
Synopsis:
Energy is the world’s largest business and as its integral part, oil in the modern petroleum industry, with 150 plus-years of history, has been the most political commodity of the era. In such circumstances, as a pioneer in every segment of this colossal business in the Middle East for more than a century, Iran is no stranger to the intricacies of oil politics and unfortunately is most often on the receiving end! In addition, while prior to 1980 such pressures by the West (even on the aftermath of nationalization of the oil industry) were often inflected on Iran covertly, well-advertised and intensified economic sanctions imposed ever since have been largely ineffective on their intended targets, despite the claims of the imposers, and far more damaging to the average Iranian despite the official denials of the authorities on both sides of the conflict. In the absence of any clarity and transparency on issues related to the sanctions it was of paramount importance to study this complex issue in order to: present a balanced and objective assessment of the practice, particularly the characteristically far more disruptive nature of the latest rounds of sanctions announced by the U.S. and its major European allies since December 2011; identify their net impact on Iran, international oil markets and the global economy; and share the findings of the study with the stakeholders–most importantly the public.
At this critical juncture in our history the inspiration to undertake this work came from the following observation by the world-renowned Iranian poet and our beloved Sa’di who said:
“Although intelligent men consider silence civil,
It is better for thee to speak at the proper time.
Two things betoken levity of intellect: to remain mute
When it is proper to speak and to talk when silence is required.”
About the Speaker:
Since 1988, Mr. Ebneyousef has been the President of International Petroleum Enterprises where he manages the Company’s worldwide consulting services and technical assistance on oil and natural gas development opportunities in the Middle East, North Africa and the Caspian Sea region. Previously he worked for Atlantic Richfield Company (ARCO) for 14 years — 6 years with ARCO International, on projects in the Middle East; 6 years with ARCO Oil & Gas, on evaluating oil and gas producing properties for time rating of reserves and coordination of legal, geological, engineering, operation and business evaluation efforts towards acquisition or sales of oil and gas properties; and 2 years with ARCO’s Corporate Planning, on identification and analyses of critical global oil-related issues and response strategies. Mr. Ebneyousef holds BS and MS degrees in petroleum engineering from Louisiana State University (LSU) and University of Southern California (USC), respectively.
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