NIC Head Outlines Iraqi Downstream Plans
Iraq’s plans for new downstream oil projects include a world-scale petrochemicals plant, four fertilizer plants and three oil refineries, according to National Investment Commission (NIC) Chairman Sami al-Araji. A $20bn olefins and polyolefins complex would be built at Basra, with a view to start-up in 2020, he told MEES on the sidelines of the Symexco Iraq Finance 2012 conference held in London on 18-19 September. The...
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