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To implement service projects in exchange for oil .. Dhi Qar signs a memorandum of understanding with a Chinese company
[ltr]2021.05.13 - 14:25[/ltr]
[ltr]2021.05.13 - 14:25[/ltr]
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Baghdad - People
The governor of Dhi Qar, Ahmed Ghani Al-Khafaji, announced, on Thursday, that a preliminary memorandum of understanding has been held with the Chinese company CBB to establish a number of infrastructure projects in the province in exchange for quantities of crude oil, while receiving a delegation from the company’s management headed by its managing director in Iraq, Joe Siaushu. .
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Al-Khafaji said in a statement, "People" received a copy of it, (March 13, 2021), that "this initial memorandum stipulated the implementation by the Chinese company of water and sewage projects, school buildings, road services, bridges and energy projects within the governorate, provided that the prices of these services be paid in the form of Batches of crude oil produced by the province.
And that "this agreement is preliminary and the approval of the federal government will be obtained according to the law, so that the province goes ahead with the inclusion of these projects and the final agreement with the Chinese company."
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