Shell to carry out Iraq chemical plant study

10 April 2012

The UK/Dutch firm will look at the feasibilty of a petrochemicals complex in south of Iraq

The UK/Dutch Shell Chemicals signed a deal with the Iraq Oil Ministry to carry out a feasibility study for a petrochemicals plant in the Gulf state.

An Oil Ministry spokesman said that the deal is designed to utilise the gas feedstock that will become available as part of Shell’s $17bn deal to capture the gas currently flared from Iraq’s southern oil fields.

The feasibility study will look at various issues including product mix, capacity, location, as well as formulating a potential budget.

Other uses for the gas include power plants, as well as other heavy industrial uses such as steel production.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications