The World Economic Forum Study Highlights Energy Security Infrastructure Concerns in the MENA Region

By Iqpc Middle East, PRNE
Saturday, November 6, 2010

DUBAI, UAE, November 7, 2010 - Energy security is a key risk for growth and development in the MENA
region, according to a corporate risk study by the World Economic Forum. The
report, conducted in collaboration with Oliver Wyman Management Consultancy,
identifies the region's highly energy intensive growth and underinvestment in
infrastructure as mutually reinforcing chronic risks. It recommends
integrated management strategies for businesses and governments within the
MENA countries to increase their system's resilience.

"There are around 30 new refinery projects to be completed by 2013 (50%
of them are in The Kingdom of Saudi Arabia and Iran). With oil prices showing
signs of revival, the security market has never been more critical. Moreover,
in line with the UAE Government's vision of generating 7% of electricity from
renewable sources, huge investments are planned in the area of alternative
energy and therefore forming a critical target to terrorists," according to
Sasidharan Chandran, Civil Security Research Analyst at Frost & Sullivan.

The International Quality and Productivity Center (IQPC) is hosting the
5th Annual Security for Energy Infrastructure Summit that will take place at
Le Royal Meridien in Abu Dhabi from 12 to 15 December 2010. The conference
will focus exclusively on advanced strategies to optimize security for energy
infrastructure and to mitigate threats in the MENA region. Participants
include key experts from leading oil and gas operators, solution providers,
government bodies and authorities, including: Dubai Petroleum, Bahrain
Ministry of Electricity and Water, Reliance Industries Ltd, GASCO, ENOC and
National Security Institute amongst others.

The summit will address the latest threats and define the capabilities
needed to enhance security for energy infrastructure through a series of
country briefings and industry updates. Samir Raslan, Former General Manager
Industrial Security at Saudi Aramco will be providing an overview of the MENA
region's latest security threats. H.S. Pannu, Group President, Corporate
Security & Vigilance at Reliance Industries Ltd., will be delivering a case
study on the successful implementation of security planning and vigilance in

Fatma Ismail, Security Team Leader at Dubai Petroleum and one of the
expert speakers at the summit, stressed the importance of the topic:
"Security used to be low profile in an organization, due to the stability in
the Middle East. After the events of 9/11, security awareness has raised
worldwide and particularly in the Middle East. As an organization we have to
protect our assets to the highest level in a manner that it will not hamper
our daily operations."

Furthermore, the summit will discuss industry standards and highlight the
important role government authorities play in providing security for the
energy infrastructure. Accordingly, Peter Darcy, Head of National Security
Institute at The Ministry of Interior in Abu Dhabi, will deliver a paper on
the regulatory advances the UAE has made in getting private security
recognized by the UN.

About IQPC Middle East:

For over thirty years, IQPC has helped the world's leading corporations
solve their business challenges through the sharing of practical industry
solutions and global best practice. In the process, the company has built a
formidable reputation for quality and value. During this time, the Middle
most progressive companies have benefited from IQPC's unrivalled
global reach, which has connected international expertise with regional and
local leaders.

About Oil & Gas IQ:

Oil & Gas IQ provides over 100 technical and strategic events across
Europe, Asia, the US and the Middle East every year, educating almost 5,000
high-level executives annually. Through our website, e-newsletter and
conferences we seek to keep the industry in the know about the latest issues
that affect your bottom line. Our members and delegates benefit from a
culmination of 100% industry research and practical information and tools
that solve critical everyday business problems.

For more details regarding the event contact, call
Olivia Modisakeng, +971-4-364-2975 or visit the website at

For more details regarding the event contact enquiry at, call Olivia Modisakeng, +971-4-364-2975

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