Ben van Heuvelen, Editor-in-Chief of Iraq Oil News, stressed the importance of the Baghdad International Energy Conference (BIEF) organized by Ghadar Risk Management (GRFM) as a pivotal platform that brings together decision makers responsible for formulating energy policies in Iraq, providing an opportunity for coordination and exchange of common visions.
He added that the conference reflects the fact that the Iraqi energy sector is on an upward trajectory, pointing to renewed international interest in the country, as evidenced by major investments in the Iraqi market by international companies such as Total Energies and British Petroleum.
He also pointed to the success of the recent licensing round, saying that this is an indication of the growing confidence of international companies in the Iraqi investment environment.
He concluded his statement by emphasizing that there is a strong international interest in what is happening in Iraq, and that the promising opportunities in the energy sector are an attractive factor for further investments in the near future.
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