Industry: the final contract with the company «Shell» World ready for signing
[rtl]To create a petrochemical plant in Basra format Post
BAGHDAD / Ahmed Abd Rabbo
preparing the Ministry of Industry and Minerals for the signing of the final contract with Shell International format of participation, for the establishment of a large plant for petrochemical industries in Basra province, as recently agreed with the relevant ministries of the appended obstacles to ensure the success of the project.
The official spokesman the ministry Abdul Wahid al - Shammari, told the «morning», that the ministry is preparing to sign the final contract format involved with the company «Shell» global, in order to start the establishment of a huge laboratory for petrochemical Industries in Basra province, adding that the ministry had agreed earlier with thecompany this vital and important project.
He said al - Shammari, said Minister of Industry and minerals agency Mohammed Shia 'Al Sudani, the face of overcoming the obstacles facing the project, such as a piece ofland and processing of raw materials needed by the construction process, noting that theminister held yesterday a meeting with agents of the ministries of oil, planning and transport and communications of to solve the problems facing the project, and obtaining approvals from the authorities concerned, in order to accelerate to proceed after signing the contract.
he noted that this project is one of the large and important projects, as it will be designed according to the latest international standards, pointing out that he will make it thecountry 's largest producer of petrochemicals in the the region, and will provide a lot of job opportunities to the people of Basra and the surrounding provinces, it will also encourage the plastics industry and the textile industry , in the south of the country.
Shammari pointed out that the ministry aims through this project to meet domestic need of petrochemical materials imported with funds of money from abroad, in the pursuit ofgovernment to diversify its sources of income, away from dependence on oil supplier, noting that the company «Shell» , which currently invests in the oil fields south of thecountry, is one of the largest oil companies in the world.
according to the official spokesman of the «Ministry of Industry is seeking to encourage investment that will ensure the development of industrial sectors in the country, pointing out that they are working on the assignment of investment opportunities on the world 'sleading companies and investors.
According to official sources, more than 70 percent of hard currency received by thecountry's oil export earnings, returns to come out in the import of goods and cargo operations at the time of suffering most of the Ministry of Industry and minerals of difficulty marketing their products companies.[/rtl]
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