01/11/2016
Canadian trade delegation reviews
the cooperation in the oil and gas sector of Asharqia
Chamber
The
member of Directors of Asharqia Chamber and chairman of the Land Transportation in the Chamber, Bandar
Al Jabri, stressed the deep historical and trade relations with Canada, in a
meeting on Monday October 31- 2016 in the Chamber headquarters a Canadian
delegation of the pioneer companies in
various fields, most prominently oil and gas, power generation and engineering.
Al
Jabri said in the meeting, which was attended by delegation and the head of
Europe and the Middle East in the Ministry of International Trade Government of
Ontario, Vitaly Barushin and a representative of the Government of Alberta, Alexander Conradi, and the secretary
general of the Chamber Abdulrahman bin Abdullah Al Wabel and a number of
businessmen and interested figures, that the Kingdom and after the launch of
"Vision 2030 "has
made huge trade and investment
opportunities in the Kingdom, urging Canadian companies to take advantage of
those opportunities, pointing to a number of major Canadian companies such as Lavalin,
Bombardier, Blackberry, Four Seasons and Fairmont Hotels and that water
stations already attaining an active role in the Saudi market.
Al Jabri
focused on investment in oil and gas sector, pointing that the eastern region
has the lion share in world reserve moreover it is a center of industrial
activities of high standard in petrochemical projects in Jubail first, and second
in Ras Al Khair Industrial City.
Jabri
pointed to the mutual relations between the two countries resulted in a number
of collaborations in various aspects including education, as a lot of Saudi
students prefer to study in Canada and consider it as their preferred destination
to graduation studies, according to a statistic that says more than 16,000
Saudi students are currently studying in various educational Canadian institutions including
a big number that are medical students.
For
his part, Vitaly said that Canada has a fortune of natural resources and these
resources are essential to the economies of Alberta in Ontario. He
pointed that the oil sands are a powerful source of energy, making Canada the third biggest oil reserve in the
world.
For
his part, Conradi said that Alberta is
the biggest producer of oil and natural
gas in Canada and is a source to huge stored oil sands, and has the natural gas resources,
and that Canada is the fifth biggest producer of natural gas in the world. The
estimated gas reservations are currently 1,087 trillion cubic feet, pointing to
the interest in modern technology, enabling it to improve resources in an
efficient way and
economically beneficial.
The
Canadian delegation witnessed the participation of specialized companies in the
merchandise system and project management, and painting technology, automatic operation, devices and
systems, programming and laboratory expertise and financial advisory services.
