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Shell set to build Basra oil pier

The Iraqi oil ministry has said that Shell Global plans to build an oil pier in the southern city of Basra to facilitate the operation of oil industry developers, Kuna has reported. The General Company for Ports of Iraq (GCPI), a subsidiary of the ministry, has developed an integrated plan including the designs of the new pier, to be located in Al-Qarna town, north Basra, on Shatt Al-Arab waterway. "The project will save much time, money and effort for both Iraq and the foreign investors," GCPI said.