Overnmhalbesrhmenksmhban Daohmashalinvt to adopt "Nebras" petrochemical project and the project Mtal

Overnmhalbesrhmenksmhban Daohmashalinvt to adopt "Nebras" petrochemical project and the project Mtalibhalmsttmrbanjah


 Basra / Peace Khaza'al

Is going on now is controversial in the local government of Basra in relation to the project "Nebras" Petrochemical, which is expected to be held on the land of Basra soon, as it called on the oil and gas in the Provincial Council and the Ministry of Oil, to adopt this project rather than the Ministry of Industry, in the view of the Committee on Industry in the Council, the ingredients for success depends on financing policy, and that the investor is take care of the financing of the project, where Shell is the largest shareholder in it.
The head of the oil and gas in the Basra Governorate Council human rights activist Ali Shaddad Knight, in an interview (term) that " the project (Nebras) Petrochemicals , which the Ministry of Industry intends to create it , has not yet been able to provide the elements of the success of the project , despite the participation of local government in the province of Basra by 20% of the total value, while the oil ministry expressed its willingness to embrace this project and provide the elements of success in Basra. "
He called on "the Ministry of Industry, to approve the transfer of project management to the Ministry of Oil , which has the ingredients to ensure its success, and to identify a fixed proportion of it to the Ministry of Industry in order to speed up its implementation , " he said, adding that " the talks with Shell , the Dutch company, which was signed Alachtareetlleha for the implementation of the project, is still ongoing three years ago without reaching a final agreement on the project. "
Knight added that "Nebras project is a global complex of petrochemical industries planned to provide profits of up to more than 100 billion dollars, as well as providing more than 8 thousand jobs in its first phase."
The view of the Chairman of the Committee on Industry in Basra Anwar Provincial Council spoiled "The project Nebras Petrochemical Industries, from large industrial projects in the Middle East region and is working in partnership on four sides, a Dutch Shell, the Ministry of Industry, the local government in Basra, as well as the Ministry of Oil of Company South gas ".uchir spoiled in an interview (term)" that the project was under study in 2012, has now been agreed on the allocation of land in the area of Umm Qasr and Khor Al - Zubair, and signed Shell memorandum of understanding with the Iraqi government on the establishment of this investment project by 44% of it to Shell and 24% to the Ministry of Sun And 20 Ah% of the local government in Basra, as well as the South Gas Company contributes 10%. "
Promised spoiled, the project, the winning projects, the fourth in the Middle East, where the petrochemical products sold by its output, which prompted the Iraqi government to proceed with this project, which is under construction under the Ministry of Industry "department explained that what is going to talk to transfer his administration to another ministry, does not require that an investment project being funded by investors. "
It signed the Ministry of Industry and Minerals, a preliminary agreement with the International "Shell" company to invest in 2012, to develop a prospective global petrochemical complex in Basra province, which will carry the name "Nebras", noting that, the project profit would amount to $ 110 billion, adding that it will save thousands of employment opportunities, where it will be the fourth largest project in the world.
The province of Basra , had announced earlier that the year 2017 will see the completion of 139 projects complementary, and the value of those projects will reach more than 84 billion dinars.
It is noteworthy that, the financial crisis in the country resulting from the sharp decline in world oil prices, led to the suspension of hundreds of service projects and investment in the provinces.


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