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Iraq’s Economic Capital and the International Vision for Basra

Dr Carole Nakhle, CEO of Crystol Energy, made the opening remarks at the Basra Oil, Gas & Infrastructure Conference 2017 organised by CWC on 30–31 October 2017 in Lebanon.

Other distinguished keynote speakers included:

  • Welcome Address from HE Cesar Abi Khalil, Minister of Energy & Water Resources, Lebanese Republic
  • Welcome Address from HE Jabbar Al Luaibi, Minister of Oil, Ministry of Oil, Federal Government of Iraq
  • HE Asaad Abdulamir Abdulghafar Al – Idan, Governor of Basra, Federal Government of Iraq
  • HE Thamir Ghadhban, Former Oil Minister & Advisor to Iraq’s PM, Federal Government of Iraq

The two-day strategic conference focused on building Basra energy and infrastructure; securing electricity projects for Basra; developing Iraq’s transportation & logistics as the driver for the economy; and increasing collaboration between Iraq and multiple stakeholders for ultimate gas utilization.

The discussion also addressed the current investment constraints; as well as how to unlock the infrastructure contracts for the energy projects in Basra.

Dr Carole Nakhle chairing the opening session, with Lebanese Minister of Energy and Water Resources, HE Cesar Abi Khalil, speaking

Dr Nakhle also chaired the Sector Focus Breakout Session/Roundtables, encouraging dialogue between investors and government representatives on key topics:

  • Impact on the procurement of PPPs
  • What are the local requirements? or local content?
  • Treatment of the bidding criteria and sub-contracting
Dr Carole Nakhle with speakers, including HE Thamir Ghadhban, Former Iraq Oil Minister (second from the right)

The sectors that were covered during the roundtable discussion included:

  • Oil and Gas
  • Power
  • Gas & Petrochemicals
  • Succeeding in EPC Contracts
  • Infrastructure & Construction
  • Logistics – Risk management & Insurance

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