Monday, October 28, 2024

Sudan and Al-Suwad discuss the government’s past plans to grow the oil and gas sectors, 28 OCT

 Sudan and Al-Suwad discuss the government’s past plans to grow the oil and gas sectors

Economy News – Baghdad

Prime Minister Mohammed Shia Al-Sudani discussed on Sunday with Oil Minister Hayan Abdul Ghani Al-Sawad the government’s past plans in the growth of the oil and gas sectors.

The Prime Minister’s Media Office said in a statement received by “Economy News” that “the Sudanese received, today, the Minister of Oil Hayan Abdul Ghani Al-Swad, in the presence of the Undersecretary of the Ministry of Oil for Distribution Affairs.”

He added that “Al-Sudani referred, during the meeting, to the government’s past plans in the growth of the oil and gas sectors, and the development of their projects within the government program, through licensing rounds in which the investment of many oil and gas fields were contracted, in addition to investing in associated gas projects, and oil derivatives production projects.”

With regard to cooperation with the OPEC Plus Group, during the meeting, they stressed “the importance of partnership with oil-producing countries, with the aim of maintaining the stability and balance of global oil markets, and Iraq’s commitment to what was agreed within the framework of the group, including voluntary reductions and compensation for the increase in production, according to the updated table provided by the Ministry of Oil to OPEC.”


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Added 2024/10/27 – 2:32 PM

https://economy-news.net/content.php?id=49200

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