Prime Minister Mohammed S. Al-Sudani welcomed Mr. Ken West, President of Honeywell, and his delegation at his residence in Washington, D.C., early Thursday morning (Baghdad time). The meeting discussed cooperation opportunities with Honeywell in the field of gas production development. Prime Minister Al-Sudani expressed Iraq`s commitment to integrating modern technology into the oil industry and expanding Iraq’s capacities in producing and exporting oil products.
The Prime Minister invited the company to participate in completing the Basra Refinery, highlighting the government`s readiness to provide all necessary facilitations for foreign companies operating in Iraq, supporting them, and preparing the necessary investment environment.
Mr. West expressed his company’s interest in expanding cooperation and partnerships with Iraq, in both government and private sector projects. He confirmed Honeywell`s readiness to contribute to infrastructure projects, such as the rehabilitation of Baghdad International Airport in cooperation with the International Finance Corporation (IFC), the Nasiriyah Airport project, and providing services in constructing new cities.
Honeywell, under the sponsorship of the Prime Minister, had signed two memoranda of understanding with the representatives of Iraqi private sector; the first concerning strategic trade exchange plans and associated gas industry, and the second in the field of technology and automation of oil fields.