Almotamar.net, Saba - Prime Minister Ali Mujawar opened on Monday the Third Conference for Oil, Gas and Minerals, organized by Ministry of Oil and Minerals with participation of 75 Arab and international companies.

The two-day conference offers 21 ready investment opportunities, among them ten in the oil and gas including ten open oil blocks (six onshore blocks and four marine blocks), and 11 opportunities in the exploitation of minerals and industrial rocks.

In the conference also, international leading companies, senior advisers and scientific figures would review 30 papers distributed between the technical and economic aspects and the international companies' experiences.

At the opening session of the conference, the Premier called upon all regional and global petroleum companies and investors to invest in oil, gas and mineral resources.

In this regard, Mujawar pointed out that investment laws and excellent examples of petroleum contracts have been accomplished as well as encouraging facilities to stimulate investors to accelerate the building of investment partnerships with all confidence and trust of prodigality.

He pointed that Yemen works hard and honestly to establish and consolidate a strong partnership to achieve the highest degree of profitability for the country and its partners.

Yemen has provided a comprehensive map of its oil, gas and minerals potentials in a wide geographic area, which provides all opportunities for partnership with the world, he added.

The premier stressed that the government has worked to build a wide range of systems and regulations to create an appropriate environment that attracts investments to Yemen.

He expressed optimism that the conference would come out with programs emerging from the investment and economic recommendations and visions and that this conference forms a distinct stop in the oil industry and the petroleum and mineral investments in Yemen.