By John Lee.
Prime Minister Mohammed Shia Al-Sudani received Richard Howe, Executive Vice President of Shell, on Thursday to discuss expanding cooperation in Iraq's energy sector and exploring further investment opportunities.
The meeting addressed the execution of major energy projects under existing contracts with international companies, particularly in natural gas investment aimed at achieving self-sufficiency. The Prime Minister affirmed the government's commitment to facilitating such initiatives, emphasising alignment between Shell's proposals for sector reform and Iraq's national energy strategy.
Al-Sudani reiterated Iraq's openness to collaboration with firms that possess the necessary technology, expertise, and capacity to help modernise and expand the country's energy infrastructure.
Richard Howe described Iraq as a mature and attractive investment environment and reaffirmed Shell's commitment to further developing gas investments in Basra, as well as exploration block projects in Dhi Qar and the western region, to enhance national energy production.
(Source: Office of the Prime Minister)
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