The Deputy Prime Minister for Energy Affairs and Minister of Oil stressed the importance of the Nebras Petrochemical Industries Project, which receives the government’s attention and contributes to strengthening Iraq’s position in this field.
This came while he chaired a meeting of the joint committee between the Ministries of Oil and Industry, in the presence of the Minister of Industry, Mr. Khaled Battal Al-Najm.
Deputy Prime Minister for Energy Affairs and Minister of Oil, Mr. Hayan Abdul-Ghani, said that the meeting was the focus of the government and the ministry to follow up on the report of the joint committee and the international advisory, with the aim of reaching a final formula to proceed with the implementation of the project in agreement with the partners, expressing his hope to fulfill the requirements of joint work, in addition to confirming Supporting the Ministry in providing gas, which is the main source of the project.
For his part, the Minister of Industry, Mr. Khaled Battal Al-Najm, said that this project is one of the ministry’s priorities and a strategic and development project. The share of the Ministries of Oil and Industry in the project is (51%), divided equally, and it receives the government’s attention because of the financial returns and social gains it will achieve.
Al-Najm indicated the keenness of the Ministries of Industry and Oil to proceed with the project, which will strengthen Iraq’s position in the petrochemical industry, through joint cooperation and coordination between the two ministries to move forward with this strategic project that supports the national economy.
The joint committee held a series of meetings in the presence of the Undersecretary for Gas Affairs, Mr. Izzat Saber, the Director General of the Department of Studies and Planning, Mr. Naseer Aziz, and a number of officials in both ministries, aiming to activate the project and speed up the crystallization of the final version.