H.E. Nordine Ait-Laoussine

 

Mr. Nordine Ait-Laoussine is currently President of Nalcosa, an energy consulting firm based in Geneva (Switzerland).

Following undergraduate studies in Algeria and graduate studies in Morocco, Mr. Ait-Laoussine received his Master's Degree in Petroleum Geology from the University of Michigan.

After serving in various capacities in the Algerian Ministry for Industry and Energy between 1965 and 1969, Mr. Ait-Laoussine was appointed in 1970 to the position of Senior Executive Vice President of Sonatrach in charge of the upstream activities of the company and in 1972 to the position of Senior Executive Vice President in charge of the downstream including both exports and local distribution.

Following his departure from Sonatrach in September 1979, Mr. Ait-Laoussine established himself as an International Consultant, first in Vienna (Austria) w here he served as Advisor to the OPEC Secretariat and then, in Geneva where he created Nalcosa in 1980. Regular clients of Nalcosa have included most governments and national oil companies of OPEC countries as well as numerous players of the oil and gas industry among them major international companies.

Mr. Ait-Laoussine was appointed in 1981 as Managing Director of Geneva-based International Energy Development Corporation (IEDC) and President of IED Consultants. Following the take-over of the IEDC Group by KPC, Mr. Ait-Laoussine was a ppointed in July 1985 as Chief Operating Officer of Kuwait Foreign Petroleum Exploration Co., Kufpec (a wholly owned subsidiary of KPC) and served in this capacity until December 1986.

Currently with these activities, Mr. Ait-Laoussine played an active role within OPEC during the 1970s. He has participated in many international conferences and discussions and has written extensively on major long-term issues of international energy strategy. He served as Minister of Energy in the Algerian Government from June 1991 to July 1992. He is a member of the Oxford Energy Policy Club, the Advisory Board of the Energy Intelligence Group (EIG) and the Geneva Petroleum Club (GPC). ​