Shell signed a USD 11 billion deal with the government of Iraq to build a petrochemical plant in the southern oil hub of Basra. The Nibras complex will be one of the largest foreign investments in the country and is expected to produce 1.8 MTPA of chemical products at peak operation. No time frame was given by Shell for the completion of the project.


Don't miss out on the latest technology delivered to your email weekly.  Sign up for the JPT newsletter.  If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.