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Expectations conclude deals worth more than 19 billion dollars
BAGHDAD / agencies
He favored a number of MPs and specialists in the field of oil and the arrival of the size of investment deals concluded between international companies and the Oil Ministry to more than 19 billion dollars, after the Energy Conference, the third in Baghdad and the participation of more than 50 local companies and international companies specialized in the field of energy and oil.
They stressed that the conference will provide job opportunities estimated at more than thousand jobs for the unemployed, and this is what will move the national economy in all its aspects.
It is noteworthy that the General Company for projects and exhibition under the auspices of the Prime Minister held a national conference the third power in Baghdad, at the Hall of the Faculty of Physical Education at the University of Baghdad, and the participation of more than 130 experts and specialists from various countries around the world, and more than 50 companies and institutions specializing in the fields of oil and gas, water resources, renewable energy, local and global, and culminated in the exhibition Energy Conference lasted for three days to display the potential of companies.
Economist and media coordinator for the conference Dr. Hussein Allawi star, confirmed: that the Energy Conference is one of the important conferences of the country because it regards an important sector and the vital role which the energy and oil, pointing out that the previous conferences held over the past years in the field of energy has helped to attract a lot of international companies to work in oil and gas field.
Said the star (of the Agency news): The outlook pour on the third energy conference held in Baghdad during the period (23 - 25/04/2013), will hold investment deals in the oil and gas estimated at more than 19 billion dollars through Negotiate companies to enter into contracts head of the subsidiary, as well as job opportunities ranging between (1120 - 1600) jobs for the unemployed.
He explained: that the oil and energy sector needs to rehabilitate its infrastructure, which is estimated infrastructure projects in the energy sector (980) million, stressing that the conference seeks to bring international companies and the development of the energy sector in the country.
The former oil minister Ibrahim Bahr al-Ulum, explained: that the energy and oil conferences have a great benefit to the country, in terms of attracting international companies to develop the oil and energy sector, as well as investment opportunities for companies.
Bahr al-Ulum said that the success of the conference in the past year, which saw the conclusion of investment deals for the implementation of large projects in the energy field.
He added: that Iraq is going through transformations big in the field of oil, especially when increasing its production and export as well as the discovery of new oil fields as a field Dima in Maysan province, which has led to increased precautions Iraqi oil from 143 billion barrels to 150 billion barrels.
He pointed out: that there are efforts being made by the Ministry of Oil to develop the oil and gas sector through the development of a strategy to extend the pipe oil through Jordan to the port of Aqaba as well as the rehabilitation of the tube Iraqi-Turkish, to absorb large quantities of oil, which would avoid the country any problems likely occurred in the region, which may prevent the export of Iraqi oil, particularly in the Gulf region.
He continued: as well as the orientation great about gas investment emitted with oil fields in the south, especially after the establishment of Basra Gas Company, which began its work since last month, likely in the coming years it will provide natural gas Dry user of energy, and this will enhance the availability of electric power for the country.
Bahr al-Ulum confirmed: that these changes will make Iraq more than all the challenges to develop its oil sector, especially after the convening of such conferences to stimulate and encourage companies to work in the country.
For his part, Deputy Chairman of the Oil and Energy Committee MP / National Alliance / Ali Fayad, that there are significant challenges facing the oil and energy sector, including internal and external.
Fayad said that the challenges in home-centered political problems and differences that have arisen between the parliamentary blocs that have prevented the adoption of a lot of important legal projects of the country, including oil and gas law.
He added: external challenges related to some oil-producing countries which are trying to seek the maximum effort to prevent the entry of international companies from working in Iraq in order not to the development of the oil sector in the country. He pointed out: that the Third Energy Conference will stimulate a lot of international companies to work in the country and will provide significant employment opportunities too, because it will present investment opportunities for international companies and the nature of the investment in the oil and energy sector in the Iraqi environment.
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BAGHDAD / agencies
He favored a number of MPs and specialists in the field of oil and the arrival of the size of investment deals concluded between international companies and the Oil Ministry to more than 19 billion dollars, after the Energy Conference, the third in Baghdad and the participation of more than 50 local companies and international companies specialized in the field of energy and oil.
They stressed that the conference will provide job opportunities estimated at more than thousand jobs for the unemployed, and this is what will move the national economy in all its aspects.
It is noteworthy that the General Company for projects and exhibition under the auspices of the Prime Minister held a national conference the third power in Baghdad, at the Hall of the Faculty of Physical Education at the University of Baghdad, and the participation of more than 130 experts and specialists from various countries around the world, and more than 50 companies and institutions specializing in the fields of oil and gas, water resources, renewable energy, local and global, and culminated in the exhibition Energy Conference lasted for three days to display the potential of companies.
Economist and media coordinator for the conference Dr. Hussein Allawi star, confirmed: that the Energy Conference is one of the important conferences of the country because it regards an important sector and the vital role which the energy and oil, pointing out that the previous conferences held over the past years in the field of energy has helped to attract a lot of international companies to work in oil and gas field.
Said the star (of the Agency news): The outlook pour on the third energy conference held in Baghdad during the period (23 - 25/04/2013), will hold investment deals in the oil and gas estimated at more than 19 billion dollars through Negotiate companies to enter into contracts head of the subsidiary, as well as job opportunities ranging between (1120 - 1600) jobs for the unemployed.
He explained: that the oil and energy sector needs to rehabilitate its infrastructure, which is estimated infrastructure projects in the energy sector (980) million, stressing that the conference seeks to bring international companies and the development of the energy sector in the country.
The former oil minister Ibrahim Bahr al-Ulum, explained: that the energy and oil conferences have a great benefit to the country, in terms of attracting international companies to develop the oil and energy sector, as well as investment opportunities for companies.
Bahr al-Ulum said that the success of the conference in the past year, which saw the conclusion of investment deals for the implementation of large projects in the energy field.
He added: that Iraq is going through transformations big in the field of oil, especially when increasing its production and export as well as the discovery of new oil fields as a field Dima in Maysan province, which has led to increased precautions Iraqi oil from 143 billion barrels to 150 billion barrels.
He pointed out: that there are efforts being made by the Ministry of Oil to develop the oil and gas sector through the development of a strategy to extend the pipe oil through Jordan to the port of Aqaba as well as the rehabilitation of the tube Iraqi-Turkish, to absorb large quantities of oil, which would avoid the country any problems likely occurred in the region, which may prevent the export of Iraqi oil, particularly in the Gulf region.
He continued: as well as the orientation great about gas investment emitted with oil fields in the south, especially after the establishment of Basra Gas Company, which began its work since last month, likely in the coming years it will provide natural gas Dry user of energy, and this will enhance the availability of electric power for the country.
Bahr al-Ulum confirmed: that these changes will make Iraq more than all the challenges to develop its oil sector, especially after the convening of such conferences to stimulate and encourage companies to work in the country.
For his part, Deputy Chairman of the Oil and Energy Committee MP / National Alliance / Ali Fayad, that there are significant challenges facing the oil and energy sector, including internal and external.
Fayad said that the challenges in home-centered political problems and differences that have arisen between the parliamentary blocs that have prevented the adoption of a lot of important legal projects of the country, including oil and gas law.
He added: external challenges related to some oil-producing countries which are trying to seek the maximum effort to prevent the entry of international companies from working in Iraq in order not to the development of the oil sector in the country. He pointed out: that the Third Energy Conference will stimulate a lot of international companies to work in the country and will provide significant employment opportunities too, because it will present investment opportunities for international companies and the nature of the investment in the oil and energy sector in the Iraqi environment.
[You must be registered and logged in to see this link.]
