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29/3/2018 12:00 am [rtl]In the Fourth Energy Forum Baghdad / morning work team The Fourth Energy Conference kicked off on Wednesday in the presence of Prime Minister Dr. Haider al-Abadi and a number of ministers, officials, heads and representatives of diplomatic missions, companies and specialists, with the participation of quality that can produce beneficial results for Iraq and partners wishing to work inside Iraq, which has a promising market in the fields of energy and other sectors. chock. "Iraq is facing a new stage in the field of energy, we are working to benefit the citizen, not to make oil the only source of revenue," Abadi said in his speech at the two-day conference. He added that "Iraq has huge reserves of energy, and we welcome all international and local expertise to support the development of this sector, especially as we are keen to support the victory of construction and reconstruction, and we will achieve this achievement as we have achieved the achievement in maintaining levels of oil production despite the cessation of fields Kirkuk, Allaibi that the decisions of "OPEC" On the sidelines of his meeting with Secretary General of the Organization of Petroleum Exporting Countries (OPEC), Mohammed Barrakindo said at the conference that "OPEC decisions" contributed to stopping the deterioration of oil prices, "stressing the need to" continue fruitful cooperation between Iraq and members of OPEC " More stability for global markets. " For his part, the Secretary-General of the Organization of the Petroleum Exporting Countries, "OPEC" that "Iraq is the second largest oil producer within OPEC and without it can not stabilize, and therefore the role played by Iraq was positive and important, which helped to stabilize the oil market, as well as The rise in oil prices globally. " He added that "OPEC" Investment giant head of Iraq 's Institute for Energy , Dr. Louay Khatib said: " The Institute will assess Iraq Energy Forum 2018 Pencchth fourth in the capital Baghdad under the auspices of the Iraqi government and for the period 28-29 March 2018 under the theme: Towards regional cooperation and investment giant." Al-Khatib continued by saying that "this year's forum is held with the wide participation of the executive and legislative bodies (federal and local) and in the presence of the Organization of Petroleum Exporting Countries (OPEC) as guest of honor and senior decision makers in the energy sector and economic fields. A number of experts and officials in the Kurdistan region of Iraq, in addition to the presence of international and diplomatic broad led by the delegation of the Ministry of Foreign Affairs of the United States and the heads of global centers and Iraqi universities . Solutions and Formulations Khatib pointed out that "we seek in our dialogues over two days yesterday and today to discuss ways to develop regional cooperation with neighboring countries and review the reconstruction plans and review of public policies in the field of energy economics and financial systems and the relationship between federal and local authorities for the application of the federal system, The required policies and legislation, as well as discuss the proposals of foreign investors and the private sector in the field of energy in order to develop solutions and formulations of sound strategy to build a platform of ideas shared by everyone for the reconstruction of Iraq. Strategic ideas For his part, adviser to Iraq Institute of Energy d. Hussein Allawi said that "the activities of the Iraq Energy Forum will open dialogues developed and aimed at discussing the strategic ideas in the field of energy sector strengthening that Iraq has a great opportunity in the field of investment, but we need a deep discussion of the business climate and indicators of the energy sector in Iraq and analysis of links with economic indicators of business Affecting the energy sector . The Iraq Energy Institute was established in 2008, and the Iraq Energy Forum 2018 is the fourth of its kind since the establishment of the Institute, has become the main forum in the capital Baghdad after it became an annual event, including the most important Iraqi decision makers and local and international experts in the fields of politics and economy. Economist Haider Kazem al-Baghdadi stressed that "the detailed energy should be invested in the form of the optimum, which achieves the highest financial revenues to Iraq, through the adoption of strategic plans to phase by making the energy sector a greater contribution to the process of multiple revenues," pointing to "the importance of the advancement of industrial industries In all its joints and make Iraq a major source of its products "The energy forum represents an important step on the way to achieve international companies that contribute to the creation of advanced industries, especially as Iraq has successful experiences in this area and covered the local market of many important products that support other industrial and agricultural sectors " . He urged " the importance of this investment opportunity as the best to achieve effective economic development, in light of Iraq 's possession of huge reserves of crude oil in various regions of Iraq." 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