Industry leaders to join Middle East Petrotech
Manama, April 25, 2014
High-level government officials and industry leaders will take part in the Ninth Middle East Refining and Petrochemicals Conference and Exhibition (Middle East Petrotech 2014) in Bahrain next month.
The event will be held from May 18 to 21 at the Ritz-Carlton Bahrain, Hotel and Spa and at the Bahrain International Exhibition and Convention Centre, under the patronage of His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa, a report in the Gulf Daily News, our sister newspaper said.
Finance Minister and Minister in charge of Oil and Gas Affairs Shaikh Ahmed bin Mohammed Al Khalifa will officially open the Middle East Petrotech 2014, and give a welcome address to delegates and visit the exhibition floor.
Saudi Arabia's Economy and Planning Minister Dr Muhammad Al Jasser and Saudi Aramco president and chief executive Khalid Al Falih will speak at the executive plenary session on May 18 at the hotel.
The executive plenary session is an opportunity for top-level executives to discuss the 2014 conference theme "Downstream value chain integration opportunities" and provides delegates with an over-arching perspective of the industry, the report said.
More than 100 peer-reviewed papers, to be presented in 21 technical sessions, will follow during the subsequent three days of the conference at the Bahrain International Exhibition and Convention Centre, from May 19 to 21.
The agenda includes a high-level investment forum entitled "Opportunities and incentives for enabling downstream industrialisation".
The forum will explore investment opportunities and government incentives in the Arabian Gulf via four panel sessions, led by chief executives of major companies and investment authorities.
Invited forum speakers include Transportation Minister and Economic Development Board acting chief executive Kamal Ahmed, Kuwait Direct Investment Promotion Authority director general Dr Meshaal Jaber Al Ahmed Al Sabah, Royal Commission for Jubail chief executive Dr Mosleh Al Otaibi, Saudi Arabia Public Investment Fund secretary general Abdul Rahman Al Mufadhi, KNPC chief executive Mohammed Al Mutairi, Sabic performance chemicals executive vice-president Abdulrahman Al Fageeh, Sagia vice-governor Khaled Alohali, Saudi Aramco new business development vice-president Motassim Al Ma'ashouq, Saudi Aramco executive director for chemicals Warren Wilder, DOW Saudi Arabia president Zuhair Allawi, industrial expert Abdullah Al Rabeeah, National Commercial Bank senior executive vice-president for corporate banking sector AlSharif Khaled Al Ghalib and HSBC Mena regional banking head Jonathan Robinson.
"Middle East Petrotech 2014 is deliberately positioned to highlight the region's lucrative and fast-growing business environment," said Middle East Petrotech 2014 chairman and Saudi Aramco's executive director of refining Omar Bazuhair.
"Fuelled by unprecedented public and private regional spending schemes, investment opportunities have reached levels never seen before in any part of the world.
"Spending in the region, including investment incentives, is budgeted around $1 trillion over the next five years.
"With new refining facility and petrochemical construction at record-setting levels of investment, the prospects available for investment and growth opportunities are astonishing," he said.
"The conference and exhibition will bring together investors and decision-makers, enabling access to key personnel and critical information."
An 8,000 sq m exhibition of refining and petrochemicals products and services, will run parallel to the conference from May 19 to 21 at the Bahrain International Exhibition and Convention Centre, showcasing more than 100 exhibitors from 20 countries.
The gathering will include high-profile participation from the natural resource rich areas of the Gulf. - TradeArabia News Service