Prime Minister, Muhammad Shiaa Al-Sudani stressed Iraq's keenness to develop relations with China in all fields. A statement from his media office said that Prime Minister Muhammad Shiaa Al-Sudani received, today, Sunday, the CEO of the Chinese company PetroChina in the Middle East, Dai Houliang, and his accompanying delegation. According to the statement, Al-Sudani stressed Iraq's keenness to develop relations with China in all fields, noting that the presence of Chinese companies in various sectors, including the oil sector, reinforces this trend to develop relations between the two countries. He explained that the associated gas project, which he opened yesterday in Maysan Governorate and which is being implemented by PetroChina, is considered one of the strategic projects between the two countries, as it falls within the government's priorities in stopping the waste represented by burning gas, expressing his thanks for the efforts of all those working in this project. The Prime Minister stressed Iraq' s interest in developing gas projects, as part of the government's program to develop the manufacturing and fertilizer industries, which will give the economy added value and provide job opportunities, and that there are sites that will be offered to companies, especially PetroChina, referring to presenting the integrated energy implementation project, which includes oil and associated gas production, processing plants, a power plant and a petrochemical refinery. He stated that the Belt and Road project could be linked to the Development Road project to be a single project, which is what the company offered to cooperate in, expressing Iraq's readiness to partner with the company in petrochemical projects outside the country, and that the government adopts environmental standards in implementing projects, as well as providing an investment environment for operating companies and establishing training centers to develop workers and cooperate in the field of study fellowships. Source: National Iraqi News Agen cy
Related Articles
IMF: Qatari Banks Enjoy Good Capital, Liquidity, Profitability
Doha: The International Monetary Fund (IMF) has confirmed that banks in Qatar still enjoy good capital, liquidity and profitability, in addition to maintaining high liquidity coverage ratios and stable net financing during the first quarter of 2024.
…
QFC, QSE, MARC Forge Strategic Partnership to Broaden Financial Market Initiatives
The Qatar Financial Centre Authority (QFCA) – the legal and tax arm of the Qatar Financial Centre (QFC), Qatar Stock Exchange and Malaysian Rating Corporation Berhad (MARC) – renowned for its expertise in providing public and private ratings on compan…
Oil Rebounds as Demand Concerns Whipsaw Investors
Oil rebounded on Wednesday after a sharp drop in the previous session ended a three-day streak of gains as investors have whipsawed worries about global fuel demand.
Brent crude futures were up 25 cents, or 0.31%, at $79.80 a barrel. US West Texas I…
