H.E. Dr Hussein al-Shahrestani, Deputy PM for Energy delivering a keynote speech at Iraq Refinery 2012
Head Office of the Ministry of Industry and Minerals (MIM), in Baghdad
H.E. Dr Rowsch N. Shaways, Deputy Prime Minister for Industry and Economic Affairs
SCPI, based in Basra, and responsible for Petrochemicals Complex 1 (PC1);
the plant is the only producing petrochemicals facility in Iraq
A bulldozer at a factory in al-Qaim, near the Syrian border
Delegates at Iraq Mining 2011, held in collaboration with MIM
H.E. Dr Sami al-Araji, delivering a keynote speech at Iraq Finance 2012
Ahmed al-Shamma, during a press conference at Iraq Refinery 2012
A big vote of thanks to all delegates who attended Iraq Petrochem & Heavy Industry 2013!
Iraq Petrochem & Heavy Industry 2013 brought together some 150 delegates from major IOCs, petrochemical, chemical, legal, and financial companies determined to develop a world-class downstream industry in Iraq.
The conference heard how Iraq’s enormous oil and gas reserves could be mobilised to develop a strong and competitive petrochemicals sector, and how investment in industry could not only help Iraq to diversify its economy, but will also help free the country of its reliance on oil. Leading officials from the Government of Iraq stressed the need for international investors to focus on the outstanding opportunities that Iraq’s industrial sector has to offer.
Over two days delegates heard informative presentations on sources and availability of feedstock, proposed integration models between refining and petrochemical plants, Joint Ventures and other financing models for industrial mega projects in Iraq, as well security, legal, environmental issues, and much more.
Executives from major IOCs including Shell, Chevron Phillips and Total outlined their business strategies and their companies’ objectives for Iraq’s petrochemical development, stressing the importance of human resource development and training of Iraqi personnel. Speakers from the Ministry of Oil, National Investment Commission, and Iraq’s Energy Committee also gave their views on how the downstream industry should develop in Iraq, and outlined the main incentives for investment in this area.
The first day of the conference ended with a delightful Gala Dinner at the Intercontinental Hotel with ample networking opportunities set against a fabulous musical rendition by the renowned Iraqi Oud player, Ahmed al-Mukhtar.
Day Two of the conference began with a debate on financing and legal considerations for investment in industry delivered by the Chairman of the Trade Bank of Iraq, Ms Hamdiyah al-Jaff, and followed by informative speakers from the NIC and Vinson & Elkins. World-class technology companies LyondellBasell and INEOS followed shortly thereafter with state of the art models for Iraq industrial plants.
Symexco would like to thank all supporters of this important event including the Ministry of Industry and Minerals, Ministry of Oil, National Investment Commission and Trade Bank of Iraq. We are particularly thankful to our Gold sponsor, Shell, as well all other conference sponsors: Chevron Phillips, Faruk Group Holding, INEOS, LyondellBasel, Engro and Vinson & Elkins.
Once again thank you for your support. We look forward to seeing you again soon.
To discuss Iraq Petrochem & Heavy Industry 2013 please contact:
Project Manager - Symexco