British troops hand over Basra to Iraqi control

September 2007
ICIS Chemical Business;9/10/2007, Vol. 272 Issue 9, p28
Trade Publication
The article reports that Iraqi planners are looking to revitalize the country's ailing petrochemical complex in Basra, Iraq, in the south and at the potential for a separate project in the center or the North. Iraq industry minister Fawzi al-Hariri has come to support the decision of setting such plants. Talks about Basra plans were held earlier in 2007 with ExxonMobil and Chevron. New oil production will be promoted under production-sharing agreements to allow firms access Iraq's reserves.


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