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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Oil Minister: Al-Faw refinery is being implemented with Chinese funding and will accommodate 10,000

    Rocky
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    • Post n°1

    Oil Minister: Al-Faw refinery is being implemented with Chinese funding and will accommodate 10,000 Empty Oil Minister: Al-Faw refinery is being implemented with Chinese funding and will accommodate 10,000

    Post by Rocky Sun 18 Jul 2021, 8:38 am

    [size=52]Oil Minister: Al-Faw refinery is being implemented with Chinese funding and will accommodate 10,000 local workers[/size]

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     Baghdad: Saad Al-Sammak

    Oil Minister Ihsan Abdul-Jabbar stated that the Al-Faw refinery project will be implemented with funding from the Chinese government and will accommodate the employment of 10,000 local workers.
    Abdul-Jabbar said, in an interview: "The referral of the FAO refinery project to the Chinese company (CNCEC) comes after Iraq received binding guarantees of financing from the Chinese state-owned SASAC Corporation, which is the second largest economy in the world."
    He pointed out that "the assignment contract included important strategic issues, such as clean energy, guarantees and transparency regarding support, technology transfer, and financial regulation, with items related to the environment, employment, importing modern technologies, and training workers in specialized centers for operation, maintenance, development, and technical and engineering performance."
    Abdul-Jabbar suggested that “the project will enter into force soon, according to the latest technologies in refining crude oil and producing oil derivatives, plastics and petrochemical condensates,” noting that “the refinery will contribute to the employment of 10,000 workers, engineers, and intermediate staff, as well as the export of oil derivatives to the global market.”
    He stressed that "Iraq targets in its plans other investments for the leading companies in the associated and free natural gas sector, and seeks to conclude contracts for infrastructure projects to escalate energies in the production of crude oil."
    Abdul-Jabbar revealed that "received offers for the establishment of power stations powered by alternative energy from international companies, including the French Total and major international companies, which will be announced later."
    Disclaimer: All published articles represent the opinion of its authors only[/size]
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