Eco
Prime Minister Ali Faleh Al-Zaydi affirmed on Thursday the government's firm commitment to removing all obstacles hindering the crude oil pipeline project transporting Iraqi oil to ports on the Mediterranean and Red Seas. Al-Zaydi met with representatives of the consortium of companies involved in the project, emphasizing the government's open-door policy in dealing with foreign companies to overcome bureaucratic hurdles and challenges facing the project. He highlighted the government's primary objective to increase oil production to ten million barrels per day, noting that the project is a key pillar for Iraq's economic development by boosting revenues and reinforcing the country's position in the global energy market. The prime minister added that improving the economic situation and developing the oil sector will have a direct positive impact on citizens' lives, stressing the adoption of pricing that reflects production costs and product quality. He also pointed out that partnerships with American and multinational companies have significant positive effects, with the United States supporting the enhancement of economic cooperation with Iraq. Concluding, he underscored the importance of maintaining Iraq's sovereignty and stability, and the necessity of joint efforts to strengthen shared national interests.
