Home
Iraq receives international bids to establish petrochemical industries
| [You must be registered and logged in to see this image.] |
Economy News Baghdad
Iraq announced that it received offers from international companies to establish plants for petrochemical industries in the country.
"The ministry has a project with Shell to develop the gas industry in the country through the establishment of an advanced plant for the petrochemical industries, because this type of industry is related to the gas industry," said Asim Jihad, spokesman for the Ministry of Oil, .
He added that «the Ministry of Oil will work with (Shell) to establish the project during the next phase», adding that «the ministry received offers from international companies to establish petrochemical plants».
He explained that «the ministry is working to keep pace with global trends towards the petrochemical industries, and strengthen the position of Iraq on the map of production, through the diversification of oil exports».
The spokesman said that «the ministry has developed a strategy to increase the investment of gas through the establishment of the (Gas Basrah), which invests four fields in the province, and the contract with the (GI) to invest gas in the fields of Nasiriyah and Gharraf, and the agreement to contract with companies for consultations to invest gas in Other oil fields in the province of Basra, including international companies to invest gas in the province of Maysan ».
"In addition to the expected economic gains, the increase in production and investment of the sector" will cover a large part of the local need, which will be increased by the development and growth of industrial, commercial and housing, "Jihad said.
The spokesman for the Ministry of Oil that «Korean companies resumed work on the investment of free gas in the field of crutches, which is one of the largest fields in Iraq».
[You must be registered and logged in to see this link.]
» Netanyahu: We are fighting on 7 fronts, including Iraq
» Al-Sudani : Imam Ali's lessons on righteousness, Social Justice, and Equality will guide the governm
» Iraq: Global indicators confirm oil prices to keep growing
» The Cabinet holds the 25th regular session, decisions included
» utube 6/25/24 MM&C Iraq Dinar - Iraq to Rejoin WTO - Cetral Bank Pressing Banks & Money Exhangers
» utube 6/23/24 MM&C Iraq Dinar- IQD Update -Iraq Reap Beneifits Artificial Inteligence-Global Econo
» utube 6/24/24 CBI Begins Second Phase of Reform RE Boom 120 °F and Rate Expectations
» Will health insurance cover all citizens and hospitals? Parliamentary Health answers
» Advanced technologies...Iraq's weapon to control the borders after removing the Iranian opposition a
» Legal: Ambassadors' offensive statements allow the host country to expel them
» Securities warn against trading digital currencies
» A representative points out 7 controversial points that stand before the legislation of the oil and
» A representative reveals the latest details of the proposed legislation of the Marsh Law
» An American convoy arrives at Ain al-Assad base, coming from Dhi Qar
» Kurdistan Regional Government: Failure to implement the Sinjar Agreement threatens international pea
» Basra Council: We are serious about activating the law on Basra, the economic capital of Iraq
» Minister of Interior: We are about to cross the threshold of issuing 39 million national cards
» Parliament Finance recommends that the Ministries of Finance and Planning release instructions for i
» Chinese May Be ‘Probing’ American Military Readiness Through Base Breaches, Lawmaker Says
» “There are many problems.” A parliamentary committee submits a request to the government regarding t
» Canadian oil replaces Iraqi crude on the American West Coast
» A new jump in dollar prices on the Baghdad Stock Exchange
» Health reveals the details of the second phase of health insurance: We have completed contracting pr
» A representative identifies the governorates most affected by water scarcity
» Parliamentary Committee: The amounts of money at the Ministry of Electricity are not commensurate wi
» An international report talks about the electricity crisis in 2024: 7 Arab countries, including Iraq
» A parliamentary committee recommends that the Ministries of Finance and Planning issue instructions
» What are the chances of independents in the upcoming Kurdistan region elections? - Urgent
» “The region’s reputation has been damaged.” A Kurdish acknowledgment of the impact of the absence of
» An expert expects economic growth in Iraq to decline during 2024
» Security expert: The American presence in Iraq will cast a shadow on the political and security scen
» Oil Minister: Iraq will stop importing gas after completing investment projects
» Minister of Electricity: There is a surge in loads and we are working to raise the level of energy p
» The head of the Integrity Commission announces a new strategy to combat corruption
» North Refineries reveals its plans and confirms the imminent addition of 6 refining units
» The Ministerial Council for the Economy approves the national lending strategy
» Justice directed the opening of a sixth registration division in the Real Estate Registration Direct
» Integrity arrests the head of the purchasing committee at the Babel Cement Factory on charges of har
» An American court accepts the appeal of pharmaceutical companies.. What is the relationship with Ira
» The Strategic Planning Committee is preparing to deliver its assessment of the work of ministers and
» Report: Hamas security teams in Baghdad to prepare procedures for the transfer of leaders from Qatar
» The first official comment from Hamas about “plans for moving to Iraq”
» The dollar continues to rise.. Learn about the exchange rates in Iraqi markets
» “The cheapest is $200,000.” Exaggerated prices for apartments in the complexes that ordinary citizen
» Labor launches (Al-Ghadeer Platform).. Find out its details
» Implementation of an arrest warrant against the director of a government bank in Anbar
» Parliamentary recommendation for Finance and Planning to launch instructions for implementing budget
» The Sudanese advisor details the Basra Haditha pipeline project: it has entered the preparation stag
» utube 6/22/24 MM&C IQD Update - Iraq Dinar - Investment Law - Implementation Tripartite Budget - Ra
» Central Bank: Explains the mechanism for imposing fines on private banks and money changers
» Wasted billions and continuous interruptions.. Calls for an investigation into the corruption of the
» Can the Iraqi government maintain neutrality after factional statements about readiness to participa
» Intensive US aircraft flights in the areas of the Iraqi-Syrian border strip
» An economist expects the dollar exchange rate to approach the 140,000 threshold
» The President of the Republic calls for amending laws related to investment
» More than $274 million...Central Bank sales today
» The fact that oil and gas production in Iraq was affected by the peak of the heat wave...an expert e
» The President of the Republic: The necessity of overco ming obstacles facing investors, as well as s
» The President of the Republic stresses the need to continue efforts to preserve public money and com
» The Central Bank publishes the mechanism for imposing fines on private banks
» Electricity: We are determined to provide “stable energy” to citizens
» An Emirati company is implementing the third solar energy project in Anbar
» Al-Sudani directs the payment of a reward for every research published in international journals
» Babylon.. The head of the procurement committee was arrested in a government laboratory
» Oil continues its losses as commodity markets are affected by the rise of the dollar
» The Ministry of Oil announces the completion of the reclamation of two oil wells in Salah al-Din
» The President of the Republic stresses the need to overcome obstacles facing investors and support I
» Health calls for maintaining food safety
» Securities warns against trading digital currencies
» Anbar adds two new sites to invest the sun in generating electricity
» Delaying the legislative elections puts the region into a tunnel of constitutional vacuum
» Calls to support the trend towards clean energy
» The 2024 budget is safe with government controls
» To end the European embargo, the Sudanese are directed to keep pace with developments and meet inter
» Parliamentary rights demand the Minister of Oil regarding the priorities of the Basra Pipeline - Had
» A deputy "shocked" by the 15-year-long looting of real estate in an Iraqi governorate
» The Poor People’s Association warns against removing violations: a legal violation, but humanity is
» Al-Sudani confirms the continuation of the five stages of the rehabilitation project for the histori
» A political movement to hold an extraordinary session to elect the new Speaker of Parliament - urgen
» Iraq forms an operations room to speed up the reverse transfer of pilgrims and increase flights
» Al-Sudani abolishes the position of head of the Council of Advisors in Kirkuk and reorganizes it
» Laundering corruption money raises Baghdad’s real estate... Questions about the source of purchasing
» The dollar rises again against the Iraqi dinar after declining for two consecutive days
» A leader in the Al-Halbousi Party: The defection of figures from Taqadum pushes the Sunni component
» China details its largest projects in the region “and extends a helping hand to Iraq”
» Al-Sudani: We have allocated approximately 5 trillion dinars to arm our various types of forces
» Air Defense: The new command operations center will control the entire Iraqi airspace
» State of Law: Two projects competing for the “Presidency of Parliament” led by Al-Sudani and Al-Mali
» The Kurdistan Union expects to resolve the issue of the local government in Kirkuk within ten days
» Establishment of the Commercial Arbitration Center in Iraq
» Encroachments on the Tigris River...a struggle between investment and environmental dangers
» The Ministry of Planning empties its employees for the purposes of the population census
» Details of the Sudanese meeting regarding Sadr City
» New statistics on the number of foreigners holding Iraqi citizenship
» Al-Sudani inaugurates the second phase of the Old Baghdad project
» Directive from Al-Sudani: 4 million dinars for everyone who publishes research in reputable internat
» Al-Sudani directs the formation of an operations room to speed up the reverse transfer of Iraqi pilg
» Warning against trading digital currencies in Iraq