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Iraq has Promising Opportunities for the Oil & Gas Investment

Source: 11/19/2017, Location: Middle East

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Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil confirmed that Iraq has many promising opportunities in the oil & energy sector. And both the government & the ministry of oil are keen to prepare the appropriate work environment for the Arabic & international companies to achieve the associated goals.

Mr. Al-Luiebi said in his speech during his participation in ADIPEC conference which was held in Abu Dhabi that the ministry have invited the international companies to invest in the refining, up-streaming, projects and infrastructure sectors. As well as to enforce the association and cooperation with the national companies in order to achieve the common goals and contribute in activating the wheel of development and national economy.

Mr. Al-Luiebi also met with many presidents and managers from the international companies on the sidelines of his visit to the conference and discussed with them about the methods of strengthening the relations and investment cooperation in the oil & energy sector.

It is worthy to say that ADIPEC conference is considered as an international event attended by the oil ministers and the concerned people with the oil & gas industry around the world. It is also considered as one of the three largest forums which are related with the oil & gas sector in the world. As well as it is considered as the largest one in the Middle East and North Africa. The conference includes an expertise exchange which can enable the related experts with the international oil sector to exchange the information and thoughts, which can contribute to draw the features of the energy sector in the world. The forum is also held by the support of the ministry of energy in the United Arabic Emirates.

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