Tuesday 21 August 2012

Business - UAE oil, gas companies eye investment in Iraq

The UAE’s oil and gas industry is expected to make a major impact at the third annual Basra Oil and Gas International Conference and Exhibition officially supported by ministry of oil and organised by Expotim & Pyramids International.
 As the first largest international participating country, UAE oil and gas companies are expecting to capitalise on the opportunities being presented during the four-day event in December.
Taking place from December 6-9 and officially supported by the Iraq ministry of oil, UAE companies represent a significant portion of event participants, and this number has grown year-on-year since its inception in 2010. Last year saw a massive 93 per cent increase in UAE exhibitors, with no less than 70 per cent anticipated for 2012.

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