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Representative Energy: There is no saving for Iraq but the port of Faw

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Representative Energy: There is no saving for Iraq but the port of Faw

Unread postby admin » Mon Dec 14, 2020 8:43 am

Representative Energy: There is no saving for Iraq but the port of Faw

12/14/2020 18:04

Representative Energy - There is no saving for Iraq but the port of Faw

[Baghdad-Where]
The Parliamentary Oil and Energy Committee promised, on Monday, to implement the Faw port as the only way to save Iraq from the economic crisis after reducing Iraq's oil exports and price fluctuations.
A member of the Oil and Energy Committee, Zahra Al-Bajari, said, "There are regional countries working to disrupt the Faw port project and the Silk Road as part of the project, as it will change the world map for transport by ships."

She added that "the implementation of the Faw port project is the savior of the Iraqi economy and the only outlet for transferring Iraq from completely relying on oil to another economic resource that can transfer Iraq to another destination."

Al-Bajari explained that "oil after reducing exports and fluctuating prices with a global crisis has become a source of anxiety for the Iraqi economy and cannot be relied upon."

He stressed that "there is no escape for the Iraqi economy at the present time other than the port of Faw, which requires a serious pause to initiate it."

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