He confirmed that the memorandums of understanding signed with Washington are being implemented on t

[size=52]He confirmed that the memorandums of understanding signed with Washington are being implemented on the ground.... Al-Sudani sponsors the signing of the Al-Faw refinery investment and confirms the keenness to achieve energy self-sufficiency.[/size]

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05/17/2024
Prime Minister Muhammad Shiaa Al-Sudani sponsored the signing ceremony of the Al-Faw Refinery Investment Project contract between the Ministry of Oil/Southern Refineries Company and the Chinese company (CNCEC), and while he stressed the government’s keenness to implement its executive approach within the axis of achieving energy self-sufficiency, he pointed out that the memorandums The understanding that was signed during his visit to the United States of America last April is being implemented on the ground.
The Prime Minister’s Media Office said in a statement received by Al-Zawraa: “Prime Minister Muhammad Shiaa Al-Sudani received the US Assistant Secretary of State for Energy Resources Affairs, Jeffrey Payette, in the presence of the US Ambassador to Iraq,” noting that “the most prominent cooperation files in the field of cooperation were reviewed.” Energy, in all its forms, and ways to develop it, in a way that contributes to achieving common interests.”
During the meeting, the Prime Minister affirmed “the government’s keenness to implement its executive approach within the axis of achieving energy self-sufficiency, in the areas of exploiting locally produced natural and associated gas, generating electricity, providing petroleum derivatives, and producing chemical fertilizers and petrochemical materials,” explaining that the memorandums of understanding that were signed during his visit To the United States of America last April, and it is being implemented on the ground.”
Al-Sudani pointed to “the government’s efforts and steps in the field of economic and financial reform, especially in the areas of tax, customs, and the banking sector, and completing the elements of the ideal investment environment,” calling on “American companies to work and invest in Iraq.”
For his part, Payet praised “the efforts of the Iraqi government in developing the energy sector,” referring to “the joint statement of the Prime Minister and US President Joseph Biden, which represents a road map and framework for fruitful work and cooperation.”
He stressed “the desire of American companies to invest and expand their activities inside Iraq.”
Meanwhile, Prime Minister Muhammad Shiaa Al-Sudani directed that full support be provided to the company implementing the Al-Faw Refinery investment project.
The Prime Minister’s Media Office stated in a statement received by Al-Zawraa: “Prime Minister Muhammad Shiaa Al-Sudani sponsored the signing ceremony of the Al-Faw Refinery Investment Project, one of the major Al-Faw Port projects, between the Ministry of Oil/Southern Refineries Company and the Chinese company (CNCEC). “As part of the government’s plan to increase refining capacities in Iraq, attract foreign capital, and provide petroleum products locally.”
Al-Sudani stressed that “the Al-Faw Integrated Refinery Project is one of the important economic projects for the country, and it supports the refining and petrochemical industries in Iraq,” urging “the Chinese company to invest time to accelerate the implementation of this project. He also directed the concerned authorities to provide full support and support to the implementing company.”
The Prime Minister’s Media Office stated, “The capacity of the refinery is 300,000 barrels per day, and it will be constructed in an advanced manner, taking into account global environmental standards, and with modern technology to benefit from petroleum derivatives for the purposes of local consumption for export. It will be implemented in two stages, the first includes filtering work, while The second phase includes the construction of a petrochemical complex with a capacity of 3 million tons annually, in addition to the construction of an electrical station with a capacity of 2000 megawatts. The project also includes the establishment of the FAO Academy for Refinery Technology, to train 5,000 Iraqi cadres who will manage the refinery in the future.
He continued, "The project will contribute to opening wide doors for local industries that depend on these materials, which is accompanied by an increase in job opportunities for young people and graduates, as well as the possibility of achieving social benefits for developing the areas surrounding the project, building housing units, medical services, technical training centers, as well as sports and social centers." “.
Prime Minister Muhammad Shiaa Al-Sudani also directed that the timetables for implementing the Grand Al-Faw Port project must be adhered to.
The Prime Minister’s Media Office said in a statement received by Al-Zawraa: “Prime Minister Muhammad Shia’ al-Sudani conducted, via a television circuit, a direct follow-up of the progress of the ongoing work in the Grand Al-Faw Port in Basra Governorate, and reviewed all the technical details and completion rates, as part of a comprehensive review.” For all components of the project,” indicating that “the Prime Minister also reviewed the progress of work in the port projects.”
He added, “The most important briefing presented to the Prime Minister by the Director General of the General Company for Iraqi Ports in the Ministry of Transport, Farhan Al-Fartusi: Follow-up of the five projects of the Grand Al-Faw Port Project, the progress of work in the five berths, and the near completion of the last berth (Pier No. 5).” Within 15 days, the completion rate reached 95%, in addition to continuing the process of reducing the time required to dry the backfill, by laying pipes, which reached 19%, and continues with the work related to the superstructures for operation.”
He continued, “The progress of work was also presented in the first section of the development road, the road linking Al-Faw Port to the city of Umm Qasr and the connection to the highway, and its completion rate has reached 74%, in addition to continuing the completion of the road linking the entrance to Al-Faw Port (Flag Square).” And the submerged tunnel, and the operations of covering the first layer of asphalt for the first section, which is confined between the entrance to Al-Faw port and the submerged tunnel, with a length of 51 km, will be completed next November.”
He pointed out, “Following up on the completion of the construction of two bridges on the road, after the submerged tunnel, and the completion rate has exceeded 75%, as well as the container yard project and the completion of its backfilling operations, the completion rate of which has reached 75%, and will be completed by the end of this year.”
He pointed out, “Following up on the completion of the depths in the navigation channel in front of the waterfront, as it has reached the standard depth of 19.8 meters, with a length of 7 km, and also directing the Italian consultant to verify the depths and record the navigation maps electronically, including the guide routes and depths.”
He noted, “also following up on the second section of the navigation channel, with a length of 1.3 km, from the external channel that starts from the turning basin at the entrance to the port, and the depths in it have reached the required standard levels (19.8 metres), as well as following up on other sections of the navigation channel, and drilling operations.” The recorded depths ranged between (12-19) metres, and the completion rate reached approximately 55%.”
He stressed, “Following up on the work in the submerged tunnel, especially the ten blocks that make up it, which are being constructed in the tunnel basin, and the last piece will be completed 20 days from now, in preparation for the process of opening the water, to conduct the experimental examination,” pointing out that “at the same time, At the beginning of next June, excavation operations are underway to connect the banks of Umm Qasr and the port of Al-Faw, at a depth of 30 metres, and completion rates have reached approximately 45%.
Al-Sudani directed, according to the statement, “the necessity of adhering to implementation timetables and overcoming any field obstacle that may hinder other components,” stressing “the necessity of maintaining standard and engineering specifications at the highest levels.”[/size]
[size=45]Hussein Al-Saadi:[/size]
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