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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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    The head of the Investment Authority affirms the government's support for drawing paths for investme

    Rocky
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    The head of the Investment Authority affirms the government's support for drawing paths for investme Empty The head of the Investment Authority affirms the government's support for drawing paths for investme

    Post by Rocky Wed 15 Mar 2023, 3:03 pm

    The head of the Investment Authority affirms the government's support for drawing paths for investment opportunities in Iraq
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    Baghdad today - Baghdad
     The head of the National Investment Commission, Haider Makiya, affirmed today, Wednesday, the government's support for the commission's procedures in preparing an investment map and drawing its paths in Iraq.
    Makiya said during his speech at the ceremony announcing investment opportunities in the field of crude oil refining in a number of governorates for the year 2023, "The government supports the procedures of the National Commission in preparing its investment map and drawing paths for investment opportunities in Iraq by sharing visions and strategies with ministries and sectoral agencies, including the Ministry of Oil."
    He added that "investment in the oil and gas sector will contribute to the development of the fields of the oil industry through rounds of licensing contracts, the establishment of oil refineries and projects of industries related to the oil and gas sector," noting that "the amended Investment Law No. (13) of 2006 provided many advantages, guarantees and exemptions that help in Attracting foreign investment to Iraq.
    He continued, "This ceremony comes in the context of enhancing the investment environment and extending its patterns to promising sectors in the growth of the levels of the national economy, especially the oil sector, and implementing the paragraphs of the government curriculum related to investments and licensing rounds."
    Earlier today, Wednesday, Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani announced seven investment opportunities in the refining and refining industries sector, stressing the ministry's keenness to increase national production from refining capacities and cover the local need for oil products, and then shift to exporting the surplus. to foreign markets.
    Abdul-Ghani said, during the event of announcing investment opportunities for projects in the refining and refining industries sector in Iraq, that "announcing investment opportunities comes in line with the directives of Prime Minister Muhammad Shia' al-Sudani and what was included in the government program and the ministry's plans aimed at increasing national production from refining capacities and covering the local need for petroleum products.
    Abdel-Ghani pointed out, "The announcement of investment opportunities represents a shift in the government and ministry's strategy towards encouraging foreign investments in the crude oil refining and refining sector, and opening new horizons for international companies and local private sector companies specialized in this field."
    He added, "The Ministry of Oil, in cooperation with the National Investment Commission, has prepared a promising program to announce a group of investment opportunities in the refining industries sector. We announce seven investment opportunities, three of which are open for submission as of today, March 15, 2023, and the same three others will be submitted for." Early next April 2, while we will announce another investment opportunity at a later time.
    And the minister continued, "The investment opportunities announced by the Ministry of Oil today in cooperation with the National Investment Commission, and the submission of these investment opportunities, as of today, March 15, 2023, are:
    1- The Maysan Investment Refinery Project in Maysan Governorate, with a capacity of one hundred and fifty thousand barrels per day.
    2- The Qayyarah investment refinery project in Nineveh governorate, with a capacity of seventy thousand barrels per day.
    3- The black oil hydrogenation project in Basra Governorate, with a capacity of thirty thousand barrels per day. 
    The other three investment opportunities are:
    1- The Nasiriyah Refinery Investment Project in Dhi Qar Governorate, with a capacity of one hundred and fifty thousand barrels per day. 
    2- The Al-Kut Refinery Investment Project in Wasit Governorate, with a capacity of 100,000 barrels per day.
    3- The Samawah investment refinery project in Al-Muthanna Governorate, with a capacity of seventy thousand barrels per day.
    Submissions to purchase information kits for these opportunities will be opened as of April 2, 2023.
    The minister said, "The Haditha investment refinery in Anbar Governorate has a capacity of seventy thousand barrels per day. The date for submission will be determined at a later date, in addition to the existence of other investment opportunities, which will be announced at a later time as well."
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