Iraq and Shell Discuss Energy Growth

Prime Minister of Iraq, Mohammed Al-Sudani met with Shell CEO Wael Sawan in a significant move to strengthen Iraq’s economic ties. The meeting, took place on Wednesday January 15th, 2025, and focused on improving cooperation between Iraq and Shell, one of the world’s leading companies in the oil and gas industry.

The discussions were focusing on increasing investment opportunities for Iraq’s energy sector. 

Shell CEO, Wael Sawan, expressed that the company is ready to significantly expand its investments in Iraq. There lies a great potential for growth and development in Iraq’s energy sector. The CEO’s commitment highlights the importance of Iraq as a key partner in Shell’s global strategy and reflects the company’s confidence in Iraq’s evolving energy landscape.

The Iraqi government is implementing continuous efforts to create a more advantageous environment for foreign investment, particularly in the oil and gas industries. The Prime Minister emphasised Iraq’s commitment to building strong partnerships that will contribute to the country’s economic development and energy security.

This meeting marks a step forward in Iraq’s efforts to attract international investment and modernise its energy sector, ensuring that Iraq’s vast resources are used for the benefit of its people and the global market.

Source: Media Office of the Prime Minister