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Promised Foundation Med MEED UAE, on Friday, that Iraq currently represents "the fastest growing market" in the region, and stressed that Baghdad is "strides to revive the energy industry" through the scheme for the allocation of 145 billion dollars for oil projects, and noted that it "will be hosting a conference for energy projects, the Iraqi After four days in the United Arab Emirates ", saying it will" put up another investment opportunities "in Iraq through.
The Emirates Foundation for projects in the Gulf in a report, and briefed him (range Press), said that "Iraq does strides to revive the energy industry has over the scheme put forward by the end of last month to allocate 145 billion dollars for oil projects future or are currently underway."
Institution added that "this value represents 28% of the amounts spent on current projects or which will be invested in upcoming projects, which amounted to about 519 billion dollars," noting that "this matter makes Iraq currently a market for faster projects economic growth in the region ".
It showed that "because of the privileges enjoyed by the Iraqi economy Foundation will MEED MEED to host a conference of energy projects in Iraq for the period from 25 to 27 February will be in the United Arab Emirates," adding that it "will be put up another investment opportunities in Iraq within the oil and gas industry, electric power and water as well as investment opportunities in the chemical sectors as well, "pointing out that" the conference will be attended by a number of officials and representatives of international companies with experts and businessmen. "
She institution Mead that "Iraqi Electricity Minister Karim Aftan Jumaili confirmed his participation in the conference and that he would present to the audience a broad vision of what has been accomplished and sought by Iraq in the field of priorities related to the projects of electric power," and noted that "the energy minister of the UAE Sohail Mohammed Al Mazrui will also present at the conference, where talk about the increasing rate of cooperation and trade exchange between the UAE and Iraq. "
On his part, said economic expert Edmund O'Sullivan, of the Foundation Mead, "The Conference of the energy projects in Iraq for the year 2014 is an important event for all who are looking for investment opportunities in the oil and gas sector of Iraq and the electricity sector and petrochemicals also," he continued, "will be an opportunity also for experts exchange views on the future of investment projects in Iraq, as well as the opportunity to meet with a number of members of the Iraqi parliament to clarify the policy regarding the country's future investment projects. "
The economist said Richard Thompson, of Mead Corporation, said that "any international companies have established their base in Iraq at this stage it's certainly will have a lot of allies who will provide the opportunity to launch the first important investment opportunities for a long and fruitful for the coming years."
The Oil Ministry announced that, in the (February 2, 2014), high crude oil exports to more than three and a half million barrels per day.
The Oil Ministry confirmed, in (January 31, 2014), that Iraq will soon become the "most important" sources of energy in the world, and that there will be nine million barrels by 2020, while showed that the Organization of Petroleum Exporting Countries have shown the potential to absorb any increase in the export of Iraq, Saudi Arabia and Libya , promised that "it will maintain the stability of the" oil prices.
The Iraqi Deputy Prime Minister for Energy Affairs, Hussein al-Shahristani, confirmed, in (January 29, 2014), that the war in Syria "obstructed oil and gas projects in the fields of Iraq," noting that the export pipeline President extends to the Mediterranean "severely damaged," he security problems that hindered oil projects in the western region, but production and export operations in the southern fields, "remained on the rates of the province without effect."
Shahristani was confirmed, in (the 18 of December 2013 the past), that Iraq has oil reserves "of 143 billion barrels and accounting for 10% of global reserves," and explained that it aims to produce nine million barrels of oil per day by 2020, stressing that Iraq need to train 500 thousand employees to cover the needs in the major oil and gas sectors.
Announced al-Shahristani, in (the first of November 2013), the willingness of major global companies to spend 25 billion dollars to boost production in the oil fields of Iraq giant despite the security situation, while between the southern oil fields will add 500 thousand barrels per day to production in 2014, predicted not to damage the oil system of strategic Iraqi armed attacks and assured to provide security protection for the oil fields in the provinces of Anbar and Nineveh.
As announced by Deputy Prime Minister for Energy Affairs, at (17 October 2013), that Iraq would be a "main provider" of crude oil in the world through the development of its oil fields and increased foreign investment despite the political instability in the region, which is a global concern regarding the processing of oil .
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The Emirates Foundation for projects in the Gulf in a report, and briefed him (range Press), said that "Iraq does strides to revive the energy industry has over the scheme put forward by the end of last month to allocate 145 billion dollars for oil projects future or are currently underway."
Institution added that "this value represents 28% of the amounts spent on current projects or which will be invested in upcoming projects, which amounted to about 519 billion dollars," noting that "this matter makes Iraq currently a market for faster projects economic growth in the region ".
It showed that "because of the privileges enjoyed by the Iraqi economy Foundation will MEED MEED to host a conference of energy projects in Iraq for the period from 25 to 27 February will be in the United Arab Emirates," adding that it "will be put up another investment opportunities in Iraq within the oil and gas industry, electric power and water as well as investment opportunities in the chemical sectors as well, "pointing out that" the conference will be attended by a number of officials and representatives of international companies with experts and businessmen. "
She institution Mead that "Iraqi Electricity Minister Karim Aftan Jumaili confirmed his participation in the conference and that he would present to the audience a broad vision of what has been accomplished and sought by Iraq in the field of priorities related to the projects of electric power," and noted that "the energy minister of the UAE Sohail Mohammed Al Mazrui will also present at the conference, where talk about the increasing rate of cooperation and trade exchange between the UAE and Iraq. "
On his part, said economic expert Edmund O'Sullivan, of the Foundation Mead, "The Conference of the energy projects in Iraq for the year 2014 is an important event for all who are looking for investment opportunities in the oil and gas sector of Iraq and the electricity sector and petrochemicals also," he continued, "will be an opportunity also for experts exchange views on the future of investment projects in Iraq, as well as the opportunity to meet with a number of members of the Iraqi parliament to clarify the policy regarding the country's future investment projects. "
The economist said Richard Thompson, of Mead Corporation, said that "any international companies have established their base in Iraq at this stage it's certainly will have a lot of allies who will provide the opportunity to launch the first important investment opportunities for a long and fruitful for the coming years."
The Oil Ministry announced that, in the (February 2, 2014), high crude oil exports to more than three and a half million barrels per day.
The Oil Ministry confirmed, in (January 31, 2014), that Iraq will soon become the "most important" sources of energy in the world, and that there will be nine million barrels by 2020, while showed that the Organization of Petroleum Exporting Countries have shown the potential to absorb any increase in the export of Iraq, Saudi Arabia and Libya , promised that "it will maintain the stability of the" oil prices.
The Iraqi Deputy Prime Minister for Energy Affairs, Hussein al-Shahristani, confirmed, in (January 29, 2014), that the war in Syria "obstructed oil and gas projects in the fields of Iraq," noting that the export pipeline President extends to the Mediterranean "severely damaged," he security problems that hindered oil projects in the western region, but production and export operations in the southern fields, "remained on the rates of the province without effect."
Shahristani was confirmed, in (the 18 of December 2013 the past), that Iraq has oil reserves "of 143 billion barrels and accounting for 10% of global reserves," and explained that it aims to produce nine million barrels of oil per day by 2020, stressing that Iraq need to train 500 thousand employees to cover the needs in the major oil and gas sectors.
Announced al-Shahristani, in (the first of November 2013), the willingness of major global companies to spend 25 billion dollars to boost production in the oil fields of Iraq giant despite the security situation, while between the southern oil fields will add 500 thousand barrels per day to production in 2014, predicted not to damage the oil system of strategic Iraqi armed attacks and assured to provide security protection for the oil fields in the provinces of Anbar and Nineveh.
As announced by Deputy Prime Minister for Energy Affairs, at (17 October 2013), that Iraq would be a "main provider" of crude oil in the world through the development of its oil fields and increased foreign investment despite the political instability in the region, which is a global concern regarding the processing of oil .
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