According to reports by various U.S. government agencies, multilateral institutions and other international organizations, long-term Iraq reconstruction costs could reach $500 billion or higher. The proposed Hydrocarbons Law, which governs oil contracting and regulation, has been under review in the Council of Ministers since October 26, 2008, but has not received final passage.
Iraq was the world’s 12th largest oil producer in 2009, and has the world’s second largest proven petroleum oil and reserves. Few of Iraq’s known fields are in development, and Iraq may be one of the few places left where vast reserves.
Iraq Energy EXPO and Conference, April 23-26, 2012 is the only official government sponsored expo and conference, Iraq Ministry of Oil and its 22 companies will be present and they welcome you as they welcome all international companies to participate in upstream and downstream development.
Extensive conference, hands on workshops looking at present needs and tenders and future opportunities. For more information please contact:
Iraqi American Chamber of Commerce and Industry
Official Show Web Site: http://www.iraqenergyexpo.com/2012/index.php
Iraq Ministry Of Oil Web Site: http://www.oil.gov.iq/