Iraq Plans Refinery When Developing Nasiriyah Oil Fiel

Bloomberg reports that Iraq will ask companies to build an oil refinery when it invites bids to develop the Nasiriyah field south of Baghdad.

Abdul- Mahdi al-Ameedi, the head of the ministry’s licensing department, said, “we will not develop the Nasiriyah oil field on its own but in tandem with the establishment of a refinery”.

The refinery will have a capacity of 300,000 barrels a day, he said, but  the ministry hasn’t specified a date for the tender and isn’t in negotiations on the plan.

It has informed foreign companies including Eni SpA, Nippon Oil Corp. and Chevron about the project, he said.

(Source: Bloomberg

(Picture: Khabat refinery)

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