Al-Sudani Meets Executive Vice President of Shell

INA-  Baghdad


Media Office of the Prime Minister said in a statement obtained by the Iraqi News Agency INA that Prime Minister Mohammed S. Al-Sudani met today with Mr. Peter Costello, Executive Vice President of Shell’s Upstream sector, along with the company’s directors in Iraq and the UAE.
 
The statement read “The meeting focused on exploring avenues of cooperation with Shell in the energy sector, the progress of its major extraction projects in Iraq, and the investment opportunities the global company can contribute to, particularly in developing the oil, gas, and clean energy sectors, as well as in carbon emissions reduction projects. Discussions also included Shell’s potential involvement in integrated energy projects, enhancing Iraq’s oil resources, producing gas and condensates, and adhering to global environmental standards.”
 
It further said “Prime Minister Al-Sudani expressed the government’s interest in collaborating with major international oil companies and emphasized attracting investments in the energy sector, especially in gas and clean energy development. He affirmed that Iraq is committed to providing support for investors interested in advancing these sectors, in line with the goals of the government’s program to modernize infrastructure in economic sectors.”
 
The statement also added that the Prime Minister directed ongoing communication between the Ministry of Oil and Shell to achieve projects that benefit Iraq, align with economic development needs, and advance the government’s approach to expanding revenue within the oil sector.