Basra-Iraq: 12 October 2013 - The fourth edition of the Iraq Future Energy Conference will be held at The Iraq Energy City in Basra from 26 - 28 November. Being held in country for the first time, the conference will bring together major players in oil and gas, infrastructure, finance, and power.

With the Ministerial support of the Federal Parliament of Iraq, the Basra Governate, and the Ministry of Electricity - Iraq Future Energy also welcomes a new strategic partnership with the Iraq Energy Institute, who will present the 2013 edition of Iraq Energy Forum as part of the three day summit.

Kay Mitchell, Portfolio Director - Middle East, The Energy Exchange, said: "By moving the event to Basra we have secured the support of senior government officials and management from both NOC's and IOC's who were not inclined to attend yet another event being held outside Iraq. Given the new location, we have created all inclusive packages covering the conference and accommodation, plus we are able to support delegates with visa assistance and flight discounts. The key is to provide a seamless and rewarding experience for all our attendees." 

The conference offers a comprehensive three day programme including dedicated presentations covering: Power and Infrastructure, Capacity Building Strategies and Oil and Gas respectively.

The speaker line-up includes H.E. Adnan Al Janabi, Chairman of the Oil and Energy Committee; H.E. Majidal-Naswari, Governor of Basra; H.E. Dhya'a Al Mousawi, Director General of the South Oil Company; and Amer Rajab Salih, Head of the Regulatory Department, Ministry of Electricity.

Ms. Mitchell continued: "The focus of this summit is to provide direct access to regulators, engagement with policy and decision makers, and give early insight into investment plans and project announcements in Iraq."

The oil and gas day, sponsored by the Rumaila Operating Organisation, will focus on key topics such as updates from petroleum projects and licensing rounds, and current economic conditions in the Iraqi energy sector including infrastructure plans to facilitate export market growth.  An example of these expansion plans is the implementation of the Iraq Crude Oil Export Expansion Project (ICOEEP). This has resulted in a temporary drop in year on year crude exports for the month of September; however, the plan will ultimately deliver a facility capable of exporting over 4.5 MMBOPD reflecting the viability of Iraq's energy industries.

Iraq Energy Forum will further explore the issues of capacity building in Iraq. Presented by Iraq Energy Institute discussions will focus on the Iraq National Petroleum Academy, IOCs capacity building and training, as well as strategies for sustainable development and CSR.

Speakers discussing power and infrastructure will provide key insights on the Independent Power Project (IPP) Programme, the Ministry of Energy's future Master plan, EPC project updates and Basra government's capital project investment strategy, all critical in addressing the challenges that this sector is facing.

Industry experts will also showcase the pivotal role played by the private sector in the development of Iraq's hydrocarbon industry, and the United Nations Development Programme (UNDP) will highlight strategies to overcome local skills and talent shortages to further enhance the fiscal benefit of this lucrative resource.

For more information on Iraq Future Energy 2013, please visit: www.theenergyexchange.co.uk/iraq

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© Press Release 2013