52 TOWARDS THE FUTURE OF SUSTAINABLE EXPORTS The United Arab Emirates (UAE) is one of the world’s top 10 largest producers of crude oil, and oil and gas revenue contributes approximately 30% to the UAE’s GDP. Additionally, the UAE possesses the seventh-largest natural gas reserves. Consequently, the UAE presents significant opportunities in the oil and gas industry and actively promotes foreign investment in this sector. Despite the challenging economic landscape brought about by the ongoing pandemic, Malaysian oil and gas companies remain keen to seize export opportunities, particularly in the Middle East region. This commitment was demonstrated through the participation of 20 Malaysian oil and gas companies under the Malaysia Pavilion at ADIPEC 2022. Notably, this was MATRADE’s eighth edition of organising the Malaysian pavilion at ADIPEC, showcasing its substantial involvement. ADIPEC is a crucial international trade exhibition in the Middle East. Throughout the exhibition, Malaysian companies effectively showcased their wide range of products and services, including fabrication of oil and gas process equipment, engineering services, mechanical services, engineering solutions, explosion protection compliance services, inspection services, pipeline cleaning services, Health, Safety, and Environment (HSE) solutions, and industrial hose equipment. MATRADE facilitated a total of 370 successful business matching sessions with representatives from prominent global oil and gas companies and national oil firms, including the Abu Dhabi National Oil Company (ADNOC) and Bahrain Petroleum Company (BAPCO). This highlights the strong networking and partnership opportunities available for Malaysian companies in the oil and gas sector. Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) 2022 Abu Dhabi, Emeriah Arab Bersatu 31 Oct – 3 Nov 2022 OIL & GAS, CHEMICAL AND ENERGY SECTORS MATRADE facilitated the participation of 14 Malaysian exporters at the Malaysian Pavilion in the K 2022 International Trade Exhibition in Düsseldorf, Germany. This marks MATRADE’s ninth consecutive year of involvement in this exhibition, which is recognised as the world’s largest plastics and rubber industry event, attracting over 200,000 visitors from 160 countries. The Malaysian Pavilion at K 2022 emphasised Malaysia’s growing expertise in sustainability, innovation, the circular economy, and green elements to meet the increasing global demand for environmentally friendly products and services. Malaysian companies presented a range of sustainable and innovative plastic materials and associated chemical products in the plastics and rubber sector. This included bio-resins, ecopackaging products, recycled resin, plastic packaging, natural and synthetic rubber, rubber moulds, raw rubber and plastic materials, as well as manufacturing services related to the plastic industry. MATRADE’s Frankfurt office successfully arranged a total of 387 business meetings between Malaysian companies and international buyers. These business matching sessions provided invaluable opportunities for Malaysian exporters to establish direct connections with international businesses, exploring trade possibilities and gaining access to global markets, particularly in the European Union. Beyond the exhibition itself, Malaysian representatives also engaged in various program series, including one-on-one business meetings and industry lectures. Furthermore, a Malaysia Networking Day was organised in conjunction with the event, with the support of the Consulate General of Malaysia in Frankfurt. K 2022 International Trade Exhibition Düsseldorf Exhibition Centre, Düsseldorf, Germany 14-26 Oct 2022 participants 200,000 160 countries
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