Al-Sudani Affirms The Government's Readiness To Provide Facilities And Support For Baker Hughes' Operations In Iraq
Money and Business Economy News – Baghdad Prime Minister Mohammed Shia al-Sudani affirmed on Wednesday the government's readiness to provide facilities and support for the American company Baker Hughes' operations in Iraq.
The Prime Minister's Media Office stated in a statement received by Al-Eqtisad News that "Al-Sudani received today, Wednesday, the Chairman and CEO of Baker Hughes, an American oil and energy services company."
He added, "During the meeting, they discussed prospects for cooperation in the energy sector and reviewed the company's projects in Iraq, including the completion of gas processing units in the Nasiriyah field with a capacity of 200 million standard cubic feet. The first phase of this project is expected to be completed before the summer of 2026, while the second phase will be completed in 2027."
Al-Sudani affirmed, according to the statement, "the government's readiness to provide all necessary facilities and support for the company's operations in Iraq, in light of the government's procedures for the entry of businessmen and companies into the Iraqi market." He indicated that "the government has worked to improve the business environment to attract companies in all sectors."
For his part, Baker Hughes affirmed his company's "commitment to implementing energy projects in Iraq and expanding its scope of work," noting that "Iraq boasts promising investment opportunities in various fields." https://economy-news.net/content.php?id=54981