Will Iraq Finally Revive this Mothballed Megaproject?

By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News.

Will Iraq Finally Revive This Mothballed Megaproject?

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.

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