02:09

Iraq holds 1st int'l exhibition for oil projects

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STORY: Iraq holds 1st int'l exhibition for oil projects
DATELINE: Sept. 11, 2023
LENGTH: 00:02:09
LOCATION: Baghdad
CATEGORY: ECONOMY

SHOTLIST:
1. various of the exhibition
2. SOUNDBITE 1 (Chinese): CHEN XINRONG, General Manager of PetroChina International (Middle East) Company Limited
3. SOUNDBITE 2 (Chinese): XIE WENSHENG, Managing Director of CNOOC Iraq Limited
4. SOUNDBITE 3 (Chinese): ZHANG WEI, Chief Finance Officer of ZhenHua Oil EBS Petroleum Company Limited

STORYLINE:

The Iraqi Oil Ministry on Sunday launched in Baghdad the first "International Exhibition and Conference for Oil Projects and Licensing Tours," which aimed to improve the Iraqi oil industry and boost the country's economy.

Chinese companies, dozens of Iraqi and foreign companies have participated in the four-day event, which is sponsored and supported by the Iraqi Oil Ministry and the Parliamentary Gas and Natural Resources Committee.

SOUNDBITE 1 (Chinese): CHEN XINRONG, General Manager of PetroChina International (Middle East) Company Limited
"Iraq and China are important strategic partners, and Iraq is an important participating country of the Belt and Road Initiative. PetroChina has been actively cooperating with Iraq in the oil industry, and has achieved good results in various fields."

SOUNDBITE 2 (Chinese): XIE WENSHENG, Managing Director of CNOOC Iraq Limited
"China National Offshore Oil Corporation (CNOOC) has been operating in the Middle East for over a decade, with business operations in over a dozen countries. I think the exhibition offers opportunities to showcase CNOOC's expertise and capabilities in providing oilfield development services. Our goal is to further explore opportunities for business expansion in Iraq."

SOUNDBITE 3 (Chinese): ZHANG WEI, Chief Finance Officer of ZhenHua Oil EBS Petroleum Company Limited
"ZhenHua Oil entered the Iraqi market in 2008. Besides production, we've also carried out a lot of social welfare activities, including building schools, offering scholarships to students, building roads, which have greatly benefited the local people. Through the exhibition, we hope to showcase the strength and achievements of our company and at the same time inject new impetus to the development of Chinese companies, including Zhenhua Oil, in Iraq in the future."

Xinhua News Agency correspondents reporting from Baghdad.
(XHTV)

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