Chevron confirmed as key sponsor of Iraq Oil, Gas, Petrochemical & Electricity Summit

Published April 13th, 2007 - 04:36 GMT

Chevron has confirmed its role as a sponsor of the forthcoming Iraq Oil, Gas, Petrochemical & Electricity Summit, which will take place on 28-30 May 2007.

The summit has been organised to bring together key Iraq Government decision makers in the energy sector and international operators seeking partnership opportunities in both the upstream and downstream industry.

The summit will welcome representation from the Iraqi Ministries of Oil, Industry & Minerals and Electricity, as well as the Iraq Energy Council, Investment Promotion Agency and the Kurdistan Regional Government (KRG) Ministries for Natural Resources, Industry and Electricity. It will also host many of the state companies operating under the Iraqi Ministry of Oil and senior representatives from the Iraq Reconstruction Management Office (IRMO).

This historic landmark event will be the first of its kind for the most important sectors of the Iraqi economy.

Chevron Corporation is one of the world's leading energy companies. With approximately 56,000 employees, Chevron subsidiaries conduct business in approximately 180 countries around the world, producing and transporting crude oil and natural gas, and refining, marketing and distributing fuels and other energy products.  Chevron has been a partner in the Middle East for over seven decades with major operations currently in Saudi Arabia, Kuwait, and Qatar.

With the world’s second largest proven oil reserves, Iraq is well positioned to be a major contributor to global energy markets. International companies have the unique opportunity to help Iraq rebuild and develop its energy resources for the benefit of the Iraqi people. With the recent developments around a national hydrocarbon law, the timing of the summit could not be better.

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