Iraq Basra Oil & Gas

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.

2010-2017 Iraq Oil & Gas - Basra Exhibition with numbers:

32,387 m²

Exhibition Space

Support Letters

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

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.

Why Basra?

Total crude oil production in Iraq in 2015: 4.1 million b/d.
Production in Southern Iraq : 3.6 million b/d
Production in Northern Iraq : 450,000 b/d

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.