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.
Iraq's Endemic Corruption Costs It Another Massive Oil and Gas Opportunity
British supermajor Shell last week exited Iraq's potentially game-changing US$11-billion Nebras Petrochemical Project.
Shell signed the NPP deal, having agreed to the original memorandum of understanding back in 2012.
The key problem stopping Iraq from fulfilling its potential in oil, gas, and petrochemicals, remains the widespread corruption in its oil and gas sector, among others.
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