About Iraq Basra Oil & Gas
Iraq is indisputably one of the most attractive regions in the world having the immense oil & gas reserves and production potential.
According to the recent reports, OPEC holds 81.9% of World petroleum reserves. Among OPEC members, Iraq is holding the top 4th crude oil reserves, after Venezuela, Saudi Arabia and Iran (by the end of 2015). In terms of crude oil production, Iraq holds the 2nd place after Saudi Arabia.
8th Iraq Oil & Gas - Basra Exhibition presents a wide variety of opportunities for international investors as more than 1300 companies exhibited, 60 companies sponsored the show, furthermore 120 papers presented and more than 80.000 professionals visited the show in 7 consecutive years since 2010.
2010-2022 Iraq Oil & Gas - Basra Exhibition with numbers:
32,387 m2
Exhibition Area/m2
30+
Exhibiting Countries
84000
Visitors
We would also like to extend our sincere gratitude to the Esteemed Ministry of Oil, Republic of Iraq for their continuous support by officially sponsoring the show this year as well.
7th Iraq Oil & Gas - Basra Exhibition officially sponsored by Iraq Ministry of Oil and it was opened by Minister of Oil of the Republic of Iraq and Minister of Energy, Industry and Mineral Resources of the Kingdom of Saudi Arabia. Event participants represent a wide spectrum of organizations specialized in oil and gas production and processing operations, manufacturers of industry diversified machinery, equipment and materials.
We are proud to announce that there is not an equivalent alternative event to Iraq Oil & Gas - Basra Exhibition in the region. Being the largest international oil & gas events in Iraq, it is highly recommended to join the event. Kindly contact info@basraoilgas.com for further details.
Timeline
1st Edition
2010
2nd Edition
2011
3rd Edition
2012
4th Edition
2013
5th Edition
2014
6th Edition
2016
7th Edition
2017
8th Edition
2022
Why Iraq?
Developing infrastructure of oil & gas sector in Iraq:
Approximately 75% of
the proven reserves are concentrated
in several super-giant fields in the
southeastern part of IRAQ which only
17 have been significantly developed.
the country near the borders with Kuwait
and Iran. With the infrastructural and
commercial developments, the oil & gas
market in Iraq offers significant growth
potential for exhibitors.
Increase in foreign investment:
As Iraq is heading towards expanding
its productive operations in oil field,
and to attract foreign investments in
production, disturbution and export
fields for oil sector in order to
improve the current situation of oil
sector as well as it will help to
attract investments in other fields
such as export pipelines particulaory
in Basra Port.With a growing economy
and improving security, Iraq is
attracting more foreign investment
in the oil and gas sector, providing
new opportunities for exhibitors.
High levels of government support:
The government in Iraq is supportive
of the oil & gas industry and is
investing in initiatives to drive
growth and development, creating a
favorable environment for exhibitors.
The 5 Facts of Oil & Gas Sector in Basra
- Oil Production in Southern Iraq is 3.6 million b/d
- Iraq is similarly rich in natural gas, with 127 TCF in proven reserves, the tenth largest in the world, and an estimated 300-330 TCF in probable reserves.Midstream and Downstream Oil and Gas Pipeline
- Iraq has an extensive, 4,350 mile-long pipeline infrastructure that is critical for exports of oil and, to a lesser extent, gas. Three primary arteries link to Saudi Arabia, Turkey, and Syria, and a fourth runs internally, called the Strategic Line.
- In its present condition, Iraq’s export infrastructure can handle about 2.5 million barrels per day. Of this, roughly three-quarters is exported from the Basra oil terminal in the south.
- There is a wide range of needs in the south of Iraq which includes the need establish a new pipline to link the resources extracted from oil wells to refinaries and to establish storage facilities in addition to expanding the ports. A number of studies were conducted to develop infrastructure which would enable Iraq to gain its position as a source for natural gas and this requires to construct an expanded infrastructure for gas sector in order to enable Iraq to supply the gas piplines heading to Turkey and therefore it will supply major European markets.
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