Al-Sudani directs his government to hold an urgent meeting with Shell to liquidate its belongings
Al-Sudani directs his government to hold an urgent meeting with Shell to liquidate its belongings
2023-12-25 01:28
Shafaq News/ On Monday, Prime Minister Muhammad Shiaa Al-Sudani directed the Ministers of Oil, Industry and Minerals, and the Prime Minister’s Advisor to hold an urgent meeting with the international company “Shell” to liquidate its belongings.
A statement from Al-Sudani’s office received by Shafaq News Agency stated, “The latter chaired a meeting devoted to following up on the implementation steps in the pioneering Nebras petrochemical project, and reviewed a summary of the stages of progress and completed steps, and the recommendations of the advisory body following the project’s paths, as he stressed the importance of the time factor, and that the project has been delayed.” It has suffered from delay since 2015, and the government is determined to proceed with its completion by employing its full capabilities and powers.”
During the meeting, Al-Sudani pointed out the need to remove any obstacle to completion efforts, as the Iraqi market needs petrochemical raw materials to support the national industry and move to producing them locally, and efforts to reform the economy will not be effective except by adopting development and proceeding with major strategic projects, such as “Nebras Project”.
Al-Sudani directed that an urgent meeting be held for the Ministers of Oil, Industry and Minerals, the Advisor to the Prime Minister, and the Consultant Guinness with the international company Shell to liquidate all remaining belongings, in addition to directing His Excellency to hold a monthly meeting under his chairmanship to follow up on the achievement, activate solutions and remove obstacles.
Last February, the Council of Ministers decided to resolve the most important dilemma that had been pending for years, which is gas pricing, which was approved in accordance with Council of Ministers Resolution 80 of 2023, as well as the transfer of ownership of the lands allocated for the project to the Ministry of Industry and Minerals. In order to resolve the conflicts, an international consulting body was contracted to manage the project, ensuring its implementation in accordance with the economic and technical vision.
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