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海角吃瓜网檚 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海角吃瓜网檚 more than 40 years of experience in the energy industry with NAWAH海角吃瓜网檚 Iraq-focused equipment and supply-chain expertise, the two companies are strongly positioned to win business in the resource rich country.
海角吃瓜网淥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,海角吃瓜网� said CPP President Zhao Yujian. 海角吃瓜网淲e have the credentials and the commitment to assist Iraq in its accelerated, unparalleled development efforts.海角吃瓜网�
NAWAH - headquartered in the United Arab Emirates with operational focus in Iraq 海角吃瓜网� 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海角吃瓜网檚 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.
海角吃瓜网淲orking alongside an industry-leading player like CPP furthers NAWAH海角吃瓜网檚 reach into Iraq海角吃瓜网檚 infrastructure development efforts,海角吃瓜网� said Paul Brinkley, NAWAH海角吃瓜网檚 President and Chief Executive Officer. 海角吃瓜网淭ogether with CPP海角吃瓜网檚 technical ingenuity and NAWAH海角吃瓜网檚 extensive reach into the Iraqi market as well as the company海角吃瓜网檚 modern transparent business practices, this partnership brings enormous capabilities to Iraq and the country海角吃瓜网檚 historic efforts.海角吃瓜网�
Under the agreement signed during a formal ceremony in CPP海角吃瓜网檚 global headquarters in Langfang, China, CPP and NAWAH will seek an array of business opportunities in Iraq海角吃瓜网檚 energy sector.
Adapted from press release by