For several years now, Iraq has been able to access all the technology required to turn part of its abundant crude oil and/or gas resources into the metaphorical gold at the end of the hydrocarbons production rainbow – petrochemicals. Last week, according to local news intelligence, the Iraqi government stated that the long-delayed flagship project in this regard – the Nebras Petrochemical Project (NPP) - is set to be revived.
It also set the price of the gas that will be used to operate the project at US$1.5 per million British…Will Iraq Finally Revive This Mothballed Megaproject?
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