Maliki confirms the government’s readiness to support the oil companies operating in Iraq to complete their projects

Posted: November 12, 2013 in Iraqi Dinar/Politics
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12-11-2013 03:11 PM

Baghdad (news) .. Prime Minister Nuri al-Maliki during a meeting with the Chairman and Chief Executive Officer of Shell Oil, Peter Voser ready the Iraqi government to support companies operating in Iraq, including the shell so that they can complete their projects as soon as possible.

statement said Maliki’s office received the Agency (news) a copy him: that contracts the company in the field of gas production and doubling the production of the Majnoon field, which currently stands at more than 200 thousand barrels per day is expected to be up to one million barrels per day.

stressed: the company’s commitment to dealing with the Federal Ministry of Oil, and said that it encourages the Government to expand the company’s business and its support in Iraq. For his part, Chief Executive Officer implementation of his company for all its contractual obligations with Iraq, and said that gas production from Basra will escalate continuously to more than 500 million cubic feet per day, it can contribute to supply power plants with the necessary and fuel.

revealed that his company is on the verge of signing an investment contract with the Iraqi Oil Ministry to create a giant petrochemical plant total cost of up to $ 11 billion, and expressed his belief the possibility to be ready to sign within weeks.

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