8th Basrah Oil, Gas and Energy Exhibiton 2023 | SGS | 15 March 2023 | Basrah International Fair Ground, HQ8M+73G, Basrah, Iraq
Venue
Basrah International Fair Ground
Basrah International Fair Ground, HQ8M+73G, Basrah, Iraq
What is Qwoted?
Qwoted is a free expert network: we help reporters connect with experts & we help those same experts build relationships with top reporters.
| Event Date |
Thu Mar 16 +03 - Sun Mar 19 +03 (over 1 year ago)
In your timezone (EST): Wed Mar 15 5:00pm - Sat Mar 18 5:00pm |
| Location |
Basrah International Fair Ground
HQ8M+73G, Basrah, Iraq |
| Region | EMEA |
Details
The oil and gas market in Iraq is expected to grow at a CAGR of more than 2.4% during the forecast period of 2020 – 2025. Factors such as increasing oil and natural gas production and consumption, upcoming pipeline infrastructure projects, plans to improve oil infrastructure across the country and rising investment in all three oil and gas sectors are expected to boost the growth for the Iraq oil and gas market during the forecast period.
As oil is expected to remain one of the main components in the energy mix, it can become an opportunity for companies to exploit the conventional oilfields with excellent grade of oil at cheaper rates and increase their profitability. The increasing number of projects in the oil and gas sector have helped push for growth in the industry. Companies around the globe are using their resources to improve their stake in the Iraq oil and gas market and trying to increase their gains in the coming years.