omanoil to host welcome dinner for Petroforum Oman 2008

Held at Shangri La's Barr Al Jissah Resort & Spa, the Forum is one of the most high profile events in the global petrol retail sector which brings oil companies' retail marketing, automation, engineering and procurement teams from Asia, Africa and the Middle East together with a range of international suppliers from all around the world.

"Hosting PetroForum 2008 in the Sultanate marks the nation's role as a principle player in the global energy sector and contributor to the industry," expressed Eng. Omar Ahmed Qatan, omanoil CEO in his address to the delegates.

"As the national flagship and partner in the Sultanate's economic growth and development, we firmly believe in carefully balancing social, economic and environmental capital in a continuously changing world and reaffirm the industry's role in sustainable development to meet the needs of the global society for this valuable natural resource at a reasonable cost, safely and with minimal impact on the environment."

He added, "The Middle East will remain at the centre of the stage. In fact, its contribution to global energy supplies will become even more critical as the region holds more than 65% of the world's proven oil reserves and virtually all of the world's excess capacity."

Chaired by Mark Hawtin, Vice President of Business Development of Knowledge Support Systems Ltd, and featuring leading international experts, PetroForum Oman 2008 will cover various topics such as the Future of Energy, Global Trends in the Non-Fuel Businesses, Visibility & Security Solutions for Fuel Distribution Supply Chain.
Qatan went on to say that the Company looks forward to sharing a memorable experience in this year's PetroForum gathering and hopes to further leverage shared values and interests in the oil and gas industry.