Thursday, September 06, 2007
Iraqi security official denies militia infiltration in Basra oil industry
Oil, Politics
(UPI) -- A top Iraqi security official disagrees with allegations Basra’s political leadership’s militia has infiltrated the Basra Oil Protection Force. Issa Jaffar Jabir, director general of the Ministry of National Security Affairs, said at an Iraq energy conference there is no proof militias have infiltrated the force at the behest of the government in Basra.
Jabir, at the Iraq Oil, Gas, Petrochemical and Electricity Summit organized by the London-based Iraq Development Program, told reporters the “accusations” were “not fair.” The Fadhila Party is currently in control of Basra, Iraq’s oil capital, where most of Iraq’s 115 billion barrels of oil reserves are and nearly all the 1.6 million barrels per day are exported.
Since winning government in provincial elections the governor, Mohammed Waili, has been accused of stacking key leadership roles with his party members, including the police and the Oil Protection Force, which guards the oil infrastructure.“It’s true that the governor of Basra belongs to this party, but we cannot accuse an Iraqi official randomly,” Jabir said. He admitted some political parties, not just Fadhila, have been able to “penetrate” ministries of interior and defense, the security apparatus and facilities guards. “We started strongly to purge forces regardless of their parties and names,” he said.
Labels: Basra, Basra Oil Protection Force, Fadhila Party, Gas, Iraq Oil, Issa Jaffar Jabir, Mohammed Waili, oil, Petrochemical and Electricity Summit
Thursday, August 09, 2007
Iraq Oil, Gas, Petrochemical and Electricity Summit
Oil
(AME info) - Companies seeking to explore commercial opportunities throughout Iraq's petrochemical sector should look to attend the forthcoming Iraq Oil, Gas, Petrochemical & Electricity Summit, which will take place in Dubai on 2-4 September 2007. The summit will welcome a senior level delegation from the Iraqi Ministry of Industry & Minerals, to be led by H.E. Fawzi Al-Hariri, Iraqi Minister of Industry & Minerals, who will be attending the summit with a delegation of senior deputies and including the Director General for Petrochemicals, the Director General for Petrochemical Industries and the Director General for Petrochemical Investments. H.E. Widad Osman, Minister of Industry for the Kurdistan Regional Government (KRG), will also be attending the summit with a ministerial delegation.
These key decision makers will participate at the landmark summit, the first of its kind to bring ministers and other senior officials to establish relationships and enter into contractual negotiations with international energy operators. These high level officials will be outlining requirements for the petrochemical sector, covering issues such as refinery and petrochemical integration, feedstock flexibility and production availability for petrochemical production, as well as focusing on new petrochemical projects.
The officials will also be making themselves available to hold private consultations with senior executives from the pre-eminent energy operators. Only the best-in-breed companies will be represented at board level at the summit, building the relationships that are crucial to the future of Iraq's energy sector. The event has already attracted the leaders in this field including Exxon, Chevron, BP, Basell, ABB, Siemens, BASF and Shell, to name but a few.
Labels: Dubai, Gas, Iraq Oil, Iraq petrochemical sector, Petrochemical and Electricity Summit
Wednesday, May 30, 2007
Iraq to set up national oil firm
Oil
(Al Alam News) - The Iraqi parliament will vote in weeks on founding the state-owned National Iraqi Oil Company, former Iraqi Oil Minister said on Tuesday. "The main goal of the new Iraqi oil and gas bill is founding a National Iraqi Oil Company which can regulate the oil and gas sectors which suffer from lack of coordination between several decision maker and administrative units" Ebrahim Bahr Al Uloum said in remarks to alalam TV.
(Al Alam News) - The Iraqi parliament will vote in weeks on founding the state-owned National Iraqi Oil Company, former Iraqi Oil Minister said on Tuesday. "The main goal of the new Iraqi oil and gas bill is founding a National Iraqi Oil Company which can regulate the oil and gas sectors which suffer from lack of coordination between several decision maker and administrative units" Ebrahim Bahr Al Uloum said in remarks to alalam TV.
He added that several Iraqi political groups see the oil and gas bill as a plan to distribute the income of oil exports, but insisted that the bill has 4 goals including reviving the National Iraqi Oil Company, setting a structure for the Oil Ministry, coordinating the government and oil producing provinces and specifying the position of foreign investors. Bahr Al Uloum described the oil as the main income of Iraqi nation and emphasized that giving the exclusive managment right of the National Iraqi Oil Company as well as controlling foreign investments could ensure a just sharing of wealth from Iraq's oil reserves between the whole Iraqi nation.
Labels: Ebrahim Bahr Al Uloum, Gas, Iraqi parliament, National Iraqi Oil Company, oil
Tuesday, May 22, 2007
Iraq Oil, Gas, Petrochemical and Electricity Summit rescheduled
Summit
(BI-ME) - Following consultation with senior officials from the Iraqi government, the Kurdistan Regional Government and the US Embassy Baghdad the organisers have said it is necessary to reschedule the Iraq Oil, Gas, Petrochemical & Electricity Summit for 2-4 September 2007. This has come about as a result of ongoing negotiations concerning Iraq’s proposed new hydrocarbon law.
Jeff Ando, Communications Director, Iraq Development Program, said: "Expectations were that the hydrocarbon law would be in place for the scheduled date, but it has now become clear that the law will take a few more weeks to be passed and that the interests of attending companies and the Iraq Development Program will be best served by ensuring that the event has the strongest and most unified Iraqi support."
Jeff Ando, Communications Director, Iraq Development Program, said: "Expectations were that the hydrocarbon law would be in place for the scheduled date, but it has now become clear that the law will take a few more weeks to be passed and that the interests of attending companies and the Iraq Development Program will be best served by ensuring that the event has the strongest and most unified Iraqi support."
Accordingly, it is agreed that 2-4 September will be the best time for the international energy community to gather and discuss hydrocarbon activities within Iraq, the organisers said. The success of this event will come from companies such as Business Intelligence-Middle East attending and the strong delegation the Iraqi government will send once the hydrocarbon law has been passed.
The meeting will still be taking place at the Grand Hyatt Dubai, which remains an outstanding venue for some historic announcements and discussions about the future of energy in Iraq. The Iraq Development Program apologises for any inconvenience caused and maintains its commitment to serve the best interests of its delegates in making sure it delivers the strongest possible event for Iraq’s energy sector.
Labels: draft oil law, Gas, Iraq Oil, Petrochemical and Electricity Summit
Tuesday, April 24, 2007
Date for Iraq Oil, Gas, Petrochemical & Electricity Summit set
Oil, Conference
(Iraq Development Program) - In agreement with the Iraqi Government, the Iraq Development Program (IDP) is proud to announce that the official Iraq Oil, Gas, Petrochemical & Electricity Summit will now be taking place in Dubai, UAE on 28-30 May 2007. For the most important sectors of the Iraqi economy, this historic landmark event will be the first of its kind since the formation of Iraq's Unity Government, with these key decision makers participating with the full intent of establishing relationships and entering into contractual negotiations with all international operators wishing to be part of both the upstream and downstream sectors.
The summit will welcome representation from the Iraqi Ministries of Oil, Industry & Minerals and Electricity, as well as the Iraq Energy Council, Investment Promotion Agency and the Kurdistan Regional Government (KRG) Ministries of Natural Resources, Industry and Electricity. It will also host many of the state companies operating under the Iraqi Ministry of Oil and senior representatives from the Iraq Reconstruction Management Office (IRMO).
These best-in-breed operators and companies will be represented at board level, with the summit having attracted interest from the likes of Shell, ConocoPhillips, Chevron, Lukoil, Total, Statoil, Marathon Oil, Kuwait National Petroleum, Schlumberger, Oracle, Technology Partners, ABB, BHP Billiton, General Electric, Siemens, Cummins Power, Pratt & Whitney, Bukkehave, Control Risks, Sumitomo, Babcock, AMEC, Mitsubishi, Marubeni, Wartsila, Deutz, Mitsui, Honeywell and a variety of medium-sized operators as well as leading Russian and Asian companies.
Furthermore, the summit will ensure the involvement of leading Iraqi businesses and families. A central pillar of the Iraq Development Program is to promote greater employment in Iraq through partnerships and to allow for international operators to meet with local Iraqi operators to explore partnering opportunities.
For more information and to register your attendance please visit:http://www.iraqdevelopmentprogram.org/idp/events/iog/index.htm
The summit will welcome representation from the Iraqi Ministries of Oil, Industry & Minerals and Electricity, as well as the Iraq Energy Council, Investment Promotion Agency and the Kurdistan Regional Government (KRG) Ministries of Natural Resources, Industry and Electricity. It will also host many of the state companies operating under the Iraqi Ministry of Oil and senior representatives from the Iraq Reconstruction Management Office (IRMO).
These best-in-breed operators and companies will be represented at board level, with the summit having attracted interest from the likes of Shell, ConocoPhillips, Chevron, Lukoil, Total, Statoil, Marathon Oil, Kuwait National Petroleum, Schlumberger, Oracle, Technology Partners, ABB, BHP Billiton, General Electric, Siemens, Cummins Power, Pratt & Whitney, Bukkehave, Control Risks, Sumitomo, Babcock, AMEC, Mitsubishi, Marubeni, Wartsila, Deutz, Mitsui, Honeywell and a variety of medium-sized operators as well as leading Russian and Asian companies.
Furthermore, the summit will ensure the involvement of leading Iraqi businesses and families. A central pillar of the Iraq Development Program is to promote greater employment in Iraq through partnerships and to allow for international operators to meet with local Iraqi operators to explore partnering opportunities.
For more information and to register your attendance please visit:http://www.iraqdevelopmentprogram.org/idp/events/iog/index.htm
Labels: Dubai, Gas, Iraq Oil, Petrochemical and Electricity Summit
Friday, April 20, 2007
Iraq reviews Kuwait gas request
Gas, Kuwait
(MENAFN) - Iraq's Oil Minister said that the ministry is reviewing Kuwait's appeal for natural gas though Iraq's domestic market will be the priority, Gulf News reported. He went on to state that Iraq's central government will utilize the gas for supplying the country's power plants. A senior Kuwaiti Oil Ministry official announced that the Kuwaiti government will conduct further discussions with Iraqi officials in the near future on Kuwait's request and does not discard the possibility gas imports to start by the end of 2007. It is worth mentioning that the Kuwaiti government signed a preliminary contract with Iraq three years ago to purchase a maximum of 200 million cubic feet of Iraqi gas per day, though the agreement has not yet been fulfilled.
(MENAFN) - Iraq's Oil Minister said that the ministry is reviewing Kuwait's appeal for natural gas though Iraq's domestic market will be the priority, Gulf News reported. He went on to state that Iraq's central government will utilize the gas for supplying the country's power plants. A senior Kuwaiti Oil Ministry official announced that the Kuwaiti government will conduct further discussions with Iraqi officials in the near future on Kuwait's request and does not discard the possibility gas imports to start by the end of 2007. It is worth mentioning that the Kuwaiti government signed a preliminary contract with Iraq three years ago to purchase a maximum of 200 million cubic feet of Iraqi gas per day, though the agreement has not yet been fulfilled.
Labels: 10th Iraqi Army division, Gas, Kuwait
Tuesday, April 17, 2007
Shell may be first foreign oil and gas company to re-enter Iraq
Oil
(The New Anatolian) - Shell is poised to become the first oil and gas major to agree terms to re-enter Iraq following reports that it has struck a deal with Turkey’s state oil company, TPAO, to extract gas in the war-torn country, the Times said. The report went on to say that, “The Anglo-Dutch giant is expected to work in partnership with TPAO to build a pipeline from the Kirkuk field near Kurdistan to Ceyhan on the Mediterranean, according to reports.
(The New Anatolian) - Shell is poised to become the first oil and gas major to agree terms to re-enter Iraq following reports that it has struck a deal with Turkey’s state oil company, TPAO, to extract gas in the war-torn country, the Times said. The report went on to say that, “The Anglo-Dutch giant is expected to work in partnership with TPAO to build a pipeline from the Kirkuk field near Kurdistan to Ceyhan on the Mediterranean, according to reports.
A spokesman for the Turkish Energy Ministry said: “An agreement has been reached which has to be ratified by the administration in Baghdad.” Shell refused to rule out an agreement with TPAO but insisted there was still no legal framework in place in Baghdad to allow any contracts to be issued to foreign companies. Ian Bromilow, Shell’s chairman for Iraq, told The Times: “We have discussions but the contents of those discussions are really quite confidential. It is still very, very unclear what will happen in the sense that there is no petroleum law in place and the issue of security,” Bromilow said.
Iraq has some of the biggest oil and gas reserves in the world and speculation about Shell’s involvement has mounted in recent weeks. The oil major has long expressed an interest in returning to the country after being forced out when the industry was nationalised in 1972, and signed a memorandum of understanding to develop a plan for Iraq’s gas infrastructure in 2005. Last month industry in-siders claimed Shell managers met Iraqi officials in Oman to discuss investment terms for any future deals. The Iraqi Parliament is due to debate a draft Petroleum Law soon. Ratification would open the doors to billions of pounds of foreign investment.
Labels: Ceyhan, Gas, Ian Bromilow, Kirkuk, Shell, TPAO, Turkey
Monday, April 16, 2007
Chevron to sponsor Iraq Oil, Gas, Petrochemical and Electricity Summit
Summit
(Al Bawaba) - Chevron has confirmed its role as a sponsor of the forthcoming Iraq Oil, Gas, Petrochemical & Electricity Summit, which will take place on 28-30 May 2007. The summit has been organised to bring together key Iraq Government decision makers in the energy sector and international operators seeking partnership opportunities in both the upstream and downstream industry.
(Al Bawaba) - Chevron has confirmed its role as a sponsor of the forthcoming Iraq Oil, Gas, Petrochemical & Electricity Summit, which will take place on 28-30 May 2007. The summit has been organised to bring together key Iraq Government decision makers in the energy sector and international operators seeking partnership opportunities in both the upstream and downstream industry.
The summit will welcome representation from the Iraqi Ministries of Oil, Industry & Minerals and Electricity, as well as the Iraq Energy Council, Investment Promotion Agency and the Kurdistan Regional Government (KRG) Ministries for Natural Resources, Industry and Electricity. It will also host many of the state companies operating under the Iraqi Ministry of Oil and senior representatives from the Iraq Reconstruction Management Office (IRMO).This historic landmark event will be the first of its kind for the most important sectors of the Iraqi economy.
Labels: Chevron, Gas, Iraq Oil, Petrochemical and Electricity Summit
