Iraqi Prime Minister Mohammed Shia' Al-Sudani confirmed today, Monday, the government's commitment to continue the completion of the Al-Nibras petrochemicals project. The Prime Minister's media office stated in a release received by the Iraqi News Agency (INA) that "Al-Sudani chaired a meeting dedicated to monitoring the implementation steps of the pioneering Al-Nibras petrochemicals project."
The Prime Minister was briefed on the progress stages, completed steps, and recommendations from the consulting body following the project's pathways, emphasizing "the importance of time." He noted that "the project has been delayed and has suffered from stagnation since 2015," pointing out that "the government is determined to continue its completion by employing all its capabilities and powers."
He stressed "the necessity of removing any obstacle hindering completion efforts," explaining that "the Iraqi market needs petrochemical raw materials to support national industry and to transition to local production. Additionally, economic reform efforts will not be effective unless they rely on development and advance large strategic projects like the Al-Nibras project."
He directed "the convening of an urgent meeting with the Ministers of Oil, and Industry and Minerals, the advisor to the Prime Minister, and the consulting firm Genesis with the global Shell company to settle all outstanding matters, as well as to hold a monthly meeting chaired by him to follow up on progress, activate solutions, and remove obstacles."
