Parliamentary Energy The organizing company of the oil and gas conference in Beirut calls for its establishment in Basra

[yota691]

Parliamentary Energy The organizing company of the oil and gas conference in Beirut calls for its establishment in Basra

03/11/2017 10:37 | Number of readings: 78

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A member of the Committee on oil and energy parliamentary Zahir al-Abbadi on Friday, the company organizing the oil and gas conference in Beirut to hold its annual conference in Basra "

He said in a press statement, followed by "Trend Press" that the establishment of the conference in Basra will be better, especially since there are dozens of companies participate annually in the conference may be unaware of the reality of the city of Basra in terms of land for investment and see the social and economic life of the city and to be able to study The reality of transport, communications and electricity is closely monitored.

He added: "The establishment of the conference in Basra is a proof of the keenness of the participating companies to establish investment projects in it and we welcome this serious desire to work and continued," Let these conferences be outside the province so as not to take other dimensions, but we encourage these conferences, And contribute to the growth of its economic projects provided that it has a clear vision in the work.

[nannab]

Iraq's oil and gas industry is taking giant steps with the big boy's now 21st century style.

 

Have a good day Yota

[Jmcc]

Hopefully all the steps taken will lead to positive results for our little investments.

[ChuckFinley]

Maybe this gets things going for a National Oil and Gas Company and the HCL.  

[cutter73]

1 hour ago, ChuckFinley said:

Maybe this gets things going for a National Oil and Gas Company and the HCL.  

How do too Chuck... Thanks Yota for the article!

[ChuckFinley]

26 minutes ago, cutter73 said:

How do too Chuck... Thanks Yota for the article!

Doing well Cutter. Hoping that this does get things done. 

[Wiljor]

Iraq, November 4, 2017 

The southern Governorate of Iraq, Basra, now has a three-year strategic plan for oil and gas.

As a key pillar of Basra’s economy, this industry is supposed to employ thousands of workers and generate billions of dollars of revenue each year. Unfortunately, the industry is falling short of its expected developmental goals.

It has been assessed that the industry’s performance can be boosted through sound management and improved capacity and expertise. The Provincial Council of Basra is seeking to address this issue, in part, with its Committee for Oil and Gas.

Highlights

• Starting November 2016, UNDP worked closely with the Committee for Oil and Gas to develop the strategic plan
• Amongst objectives of the plan is to generate employment, whilst considering related social and environmental impacts
• The industry’s performance can be boosted through sound management and improved capacity and expertise

To this end, the Committee has formulated a strategic plan with the support of the United Nations Development Programme (UNDP). This support was channeled under the Basra Compact agreement signed between UNDP and the Governorate of Basra in 2015 to provide the Governorate with technical assistance in major thematic areas, including strategic planning.

Starting November 2016, UNDP worked closely with the Committee for Oil and Gas to develop the strategic plan. In July 2017, the Provincial Council of Basra endorsed the first draft, and approved the final version for printing in September 2017. Hundreds of copies were distributed to relevant stakeholders in October 2017.

Chairman of the Committee for Oil and Gas, Mr. Ali Shaddad Al Fares, said:

“We believe in the importance of strategic planning to achieve comprehensive, sustainable development in all aspects of life. Given that oil and gas are the most important sources of Iraq’s national wealth at the present time, the Committee for Oil and Gas had to follow a scientific methodology in planning for the future of Basra.”

businessnews

 

http://iraqdailyjournal.com/story-z16154675