UK Opposition Failed! China & Iraq Build $ Billion Natural Gas Treatment Plant,It Will Alter All

#china #uk #iraq #oil #gas As of 2020, Iraq’s proven natural gas reserves have reached an astonishing 124.6 trillion cubic feet, accounting for 1.9% of the world’s proven natural gas reserves. Surprisingly, despite having such rich natural resources, Iraq imported up to 9.4 billion cubic meters of natural gas from Iran last year. This contradictory phenomenon deeply hurt the heart of the Iraqi president. In order to solve this problem, Iraq decided to invest US$ billion and asked China to help build a natural gas processing plant. However, just as the project was being prepared for implementation, the UK strongly opposed the plan. So after the construction of this treatment plant is completed, what impact will it have on Iraq? What benefits can China gain from this?