Hamdi Al Banbi ( ar, حمدي علي عبد الوهاب البنبي) (1935–2016) was an Egyptian engineer, businessman and politician who served as oil minister from 1991 to 1999.

Early life and education

Banbi was born on 7 August 1935. He was a graduate of Cairo University where he received a degree in petroleum engineering in 1959. In 1960 he attended the University of Moscow and obtained a master of science degree in economics of petroleum engineering. He received his PhD in petroleum engineering from

Texas A&M University Texas A&M University (Texas A&M, A&M, or TAMU) is a public, land-grant, research university in College Station, Texas. It was founded in 1876 and became the flagship institution of the Texas A&M University System in 1948. As of late 2021, T ...

in 1963.

Career

Banbi was an engineer by training. After returning to Egypt he began to work at the Eastern Petroleum Company as a production engineer and served there until 1966 when he joined the faculty of engineering at Al Azhar University. From 1968 Banbi worked at the Western Desert Petroleum Company (WEPCO) where he became its general directorate of operations. In 1977 Banbi became the chairman of the Gulf of Suez Petroleum Company (GUPCO) and remained in the post until 1988 when he was named as the chairman of the

Egyptian General Petroleum Corporation The Egyptian General Petroleum Corporation (EGPC) ( ar, الهيئة المصرية العامة للبترول) is a national oil company of Egypt. EGPC's business includes crude oil exploration, refining, and storage. The company also produces l ...

(EGPC) where he served until 1991. Banbi was appointed oil minister of Egypt on 20 May 1991 and served in the cabinet headed by

Prime Minister A prime minister, premier or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. Under those systems, a prime minister is not ...

Atef Sedki. Banbi replaced

Abdel Hadi Kandil Abdel Hadi Kandil (2 March 1935–23 March 2019) was an Egyptian chemist and politician who was the oil minister of Egypt between 1984 and 1991. Early life and education Kandil was born in Al Zarqa, Damietta, on 2 March 1935. He received a degre ...

as oil minister. Shortly after his appointment, Banbi modified oil pricing of Egypt and also, reshuffled officials at the ministry. Banbi was also a member of the National Democratic Party (NDP) and won a seat in Shebin El Kom, provincial capital of the Monufia governorate, in the mid-term Shura Council elections held in June 1998. He also served as oil minister in the first cabinet of Prime Minister

Kamal Ganzouri Kamal Ganzouri ( ar, كمال الجنزورى, ‎; 12 January 1933 – 31 March 2021) was an Egyptian economist who served as the Prime Minister of Egypt from 7 December 2011 to 24 July 2012. He previously served as prime minister from 1996 ...

. Banbi was in office until 5 October 1999.

Sameh Fahmi Sameh Fahmi (born 14 August 1949) is an Egyptians, Egyptian engineer and politician who served as Ministry of Petroleum and Mineral Resources (Egypt), oil minister of Egypt for 12 years from 1999 to 2011. Early life and education Fahmi was born ...

succeeded him as oil minister. After leaving office, Banbi became the coordinator of the energy committee for the national economics and production authority in Egypt. He was also the president of the Arab society for mining and petroleum and the Egypt's gas society. In addition he was a board member of the Egypt's engineering society. Banbi founded TAQA Arabia in 2006, and served as the chairman of the firm. In 2009 Banbi was made a member of the Petroleum Engineering Academy of Distinguished Graduates at

Death

Banbi died on 11 August 2016.

References

External links

{{DEFAULTSORT:Banbi, Hamdi 20th-century Egyptian businesspeople 20th-century Egyptian engineers 20th-century Egyptian politicians 21st-century Egyptian engineers 1935 births 2016 deaths Academic staff of Al-Azhar University Cairo University alumni Moscow State University alumni National Democratic Party (Egypt) politicians Petroleum engineers Petroleum ministers of Egypt Texas A&M University alumni Members of the Shura Council