91天堂原創

Pipeline engineering and construction leader China Petroleum Pipeline, along with distributor and logistics service provider North America Western Asia Holdings, has announced that the two companies have entered into an agreement to jointly pursue potential energy sector development projects in Iraq.

With projections calling for US$48 billion of infrastructure investment to meet Iraq鈥檚 production targets, the country is experiencing unprecedented demand for international partners like CPP and NAWAH to help accelerate development of new pipelines, refineries and export facilities. Combining CPP鈥檚 more than 40 years of experience in the energy industry with NAWAH鈥檚 Iraq-focused equipment and supply-chain expertise, the two companies are strongly positioned to win business in the resource rich country.

鈥淥ver the past 15 years, from West Africa and throughout Asia, CPP has constructed more than 40 long-distance pipelines totalling 50 000 km and installed tank farms capable of storing 20 million m³ of oil and gas,鈥� said CPP President Zhao Yujian. 鈥淲e have the credentials and the commitment to assist Iraq in its accelerated, unparalleled development efforts.鈥�

NAWAH - headquartered in the United Arab Emirates with operational focus in Iraq 鈥� has quickly gained a reputation as a key logistical service provider in southern Iraq through both its world-class supply and distribution as well as its shipping and port management business lines. Exclusive partner for the world鈥檚 largest provider of pipe, valve and fittings to the international oil and gas industry, three year old NAWAH strategically maintains a robust, in-country inventory of essential materiel to serve a growing energy sector.

鈥淲orking alongside an industry-leading player like CPP furthers NAWAH鈥檚 reach into Iraq鈥檚 infrastructure development efforts,鈥� said Paul Brinkley, NAWAH鈥檚 President and Chief Executive Officer. 鈥淭ogether with CPP鈥檚 technical ingenuity and NAWAH鈥檚 extensive reach into the Iraqi market as well as the company鈥檚 modern transparent business practices, this partnership brings enormous capabilities to Iraq and the country鈥檚 historic efforts.鈥�

Under the agreement signed during a formal ceremony in CPP鈥檚 global headquarters in Langfang, China, CPP and NAWAH will seek an array of business opportunities in Iraq鈥檚 energy sector.

Adapted from press release by

Read the article online at: /contracts-and-tenders/09022015/cpp-nawah-sign-agreement-aimed-at-iraq-market/