Jafza receives strong interest from North Sea based oil and gas multinationals

JAFZA RECEIVES STRONG INTEREST FROM NORTH SEA BASED OIL AND GAS MULTINATIONALS

Jebel Ali Free Zone, Jafza, has received huge interest from oil and gas industry leaders based in the North Sea region particularly from the UK, Denmark and France, at the recently concluded ADIPEC conference.

These companies are looking forward to establish their presence in the wider Middle East region, which still remains an expanding market despite significant fall in oil prices. The trade promotion officials from Japan and Malaysia also had a meeting with Jafza officials at ADIPEC to explore opportunities for enhancing bilateral trade relations between them in both oil and non-oil sectors.

Commenting on successful Jafza participation in ADIPEC, Sultan Ahmed bin Sulayem, Chairman, DP World and Ports, Customs and Free Zone Corporation, said, “The strong interest of companies in oil, gas and allied sectors from England, Scotland, Denmark and France in Jafza reinforces not only the Free Zone’s status as the trade and logistics hub for the wider Middle East region in the oil and gas sector but also Middle East as a dynamic region for the oil and gas industry despite steep decline in the oil prices.

 

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