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Shell CEO Expresses Readiness to Boost Investments in Iraq


London: Prime Minister Mohammed Shia al-Sudani met in London with the CEO of Shell Oil Company to discuss future investment opportunities in Iraq. The meeting focused on enhancing cooperation between Iraq and Shell, a leading company in the oil, gas, and petrochemical sectors. The Iraqi government has recently announced various investment opportunities in these areas, aiming to attract global companies to participate in the country’s economic development.



According to National Iraqi News Agency, the CEO of Shell expressed the company’s willingness to increase its investments in Iraq. The focus will be on associated gas projects, as well as new ventures in the free gas sector. The Iraqi government has initiated a licensing round to encourage investments in several regions across the country, seeking to leverage its rich natural resources to boost economic growth and energy production.