2015/9/22
[Baghdad - where]
Plans to the Ministry of Industry and Minerals, the conclusion of a partnership with the French company Total, the world, to build a giant petrochemical project to produce.
According to a ministry statement, received by the agency all of Iraq [where], a copy of "The minister Mohammed Darraji met, at the ministry headquarters in Baghdad delegation French company Total, During the meeting, discuss the creation of a giant project for the production of petrochemicals."
The Darraji had met earlier in the day, a delegation from Shell International and discussed with the delegation the stages of the progress of work in the construction of the petrochemical complex in Basra province at a cost of $ 11 billion in partnership with the Ministry of Industry and Minerals. "
The statement quoted the minister Darraji say that the aim of the visit the delegation of the French company Total "to discuss a contract for petrochemical partnership, noting that efforts Nnrkz to diversify income sources in Iraq and take advantage of local products such as oil, gas and turn it into a plastic material because it is needed in the world today, as well as to extract the fuel to run them power stations and cooking gas after burning but it's best to turn into industrial materials. "
"The success of the project will bring significant economic returns through foreign currency saving of the country through investment," noting that "the project stay in the province of Basra has strategic implications in terms of containing oil and gas and operate the growing manpower resources as well as the ruins of the marine ports, This has coincided views between Aljanin for the project. "
The statement noted "the ministry's readiness to enter into a partnership with a French company for a total this giant project for the production of petrochemical."
The, the Ministry of Industry and signed on 29 January last, an agreement with Shell International to create a complex "beacon" Petrochemical $ 11 billion in the province of Basra in southern Iraq, within five years, noting that the project will make Iraq the largest producer of petrochemicals in the Middle East .anthy
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