Shell’s planned 1.5mn t/y Nebras ethane cracker, for which an MoU was first signed in 2012, may now be set to move forward with a key stumbling block on feedstock pricing apparently close to resolution.
Shell’s attraction to the project lies in the potential synergies with its involvement in the Basrah Gas Company (BGC: state-owned South Gas Company 51%, Shell 44%, Mitsubishi 5%). which is earmarked to supply ethane feedstock to the plant. (CONTINUED - 223 WORDS)