IS IT POSSIBLE FOR IRAQ TO BECOME A LEADING PETROCHEMICALS PLAYER WORLDWIDE?

November 25, 2019

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Ideally, we see no backing why Iraq cannot develop into one of the primary manufacturers of petrochemicals globally, considering the huge amount of oil and gas assets it has been gifted with. Lastly, with a comparatively little oil price complex and the trade of its crude expected to decrease in October, it seems that Iraq will be making some developments in order to move its long-stalled drive into the petrochemical industry ahead. At the start of this week, Iraq’s Ministry of Oil (MoO) announced that Baghdad is expected to move further with a variety of projects and assignments that will help increase about 790,001 barrels each day of purifying capacity to the recent nameplate capability of nearly 1 million barrel per day, even though its actual capacity is approximately 650,000 barrels per day.

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For over 50 years Viking Chemical has followed a customer focused approach in commodity chemical distribution. This focus has made Viking one of the largest distributors in the Midwest. Our central location, fleet of delivery vehicles, and expertise in logistics and operations ensure just in time delivery of your order. Contact us to see how Viking can improve your profitability.

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