New Project to Build Oil Refinery in Basra

Iraq Directory reports that Basra’s Director of investment, Haider Ali Fadel, said on Wednesday that the Authority is currently considering a proposal from a local investor to build an oil refinery in the province.

He stated that the Basrah Investment Commission is prepared to send all requests for the establishment of such projects to the Oil Ministry.

Fadel added that the Oil Ministry announced preliminary approval for a number of refinery projects from international companies, and is awaiting the completion of their study.

He noted that requests must be supported by all of the relevant information that would help them in making a decision.

(Iraq Directory)

Comments are closed.