Iran’s Oil Minister Mohsen Paknejad Resigns for Personal Reasons

Iranian Oil Minister Mohsen Paknejad has resigned for personal reasons, according to official Iranian media.

The announcement offered no further explanation for his decision to leave the post. The information available did not specify when his resignation would take effect.

Hamid Bovard, chief executive of the state-owned National Iranian Oil Company, was also mentioned in the report. However, the available account did not clarify any role he might have in a ministerial transition.

No successor to Paknejad was identified in the information provided, leaving the arrangements for leadership of the Oil Ministry unclear.